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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Indian Rupee/Euro (FOREX:INREUR)

Strong Uptrend (+100) - INREUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INREUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid INREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for INREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INREUR
Open High Low INREUR Price Change
0.01126127 0.01127308 0.01121014 0.01122184 -0.00003900
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.01125975

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.01112893

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.01126609

Smart Scan Analysis for INREUR

Based on our trend formula, INREUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01126127 0.01127308 0.01121014 0.01122184 -0.00003900
Prev. Close Volume Bid Ask Time
0.01126127 2024-04-23 16:59:45
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