Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Chinese Yuan Renminbi/Indian Rupee (FOREX:CNYINR)
Weak Uptrend (+65) - CNYINR is showing signs of weakening momentum to the upside. Monitor CNYINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNYINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNYINR
The long-term trend has been UP since Nov 14th, 2023 at 11.731442
The intermediate-term trend has been UP since Apr 17th, 2024 at 11.789873
The short-term trend has been DOWN since Apr 23rd, 2024 at 11.731795
Smart Scan Analysis for CNYINR
Based on our trend formula, CNYINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
11.741545 | 11.747763 | 11.727208 | 11.741221 | -0.000324 |
Prev. Close | Volume | Bid | Ask | Time |
11.741545 | 2024-04-23 05:36:04 |