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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Euro/Indian Rupee (FOREX:EURINR)
Strong Downtrend (-100) - EURINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURINR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURINR.
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 EURINR
The long-term trend has been DOWN since Apr 12th, 2024 at 88.812
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 89.856
The short-term trend has been DOWN since Apr 22nd, 2024 at 88.762
Smart Scan Analysis for EURINR
Based on our trend formula, EURINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 88.800 | 89.051 | 88.707 | 88.862 | +0.062 |
| Prev. Close | Volume | Bid | Ask | Time |
| 88.800 | 2024-04-23 05:27:23 |