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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Australian Dollar/Indian Rupee (FOREX:AUDINR)
Strong Downtrend (-100) - AUDINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDINR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AUDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDINR.
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 AUDINR
The long-term trend has been DOWN since Apr 15th, 2024 at 53.538664
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 53.991086
The short-term trend has been DOWN since Apr 10th, 2024 at 54.686140
Smart Scan Analysis for AUDINR
Based on our trend formula, AUDINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.356677 | 53.650435 | 53.356677 | 53.507187 | +0.150510 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.356677 | 2024-04-19 14:57:19 |