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Forex Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Long-Term Uptrend (+90) - AUDINR is in a strong uptrend that is likely to continue. While AUDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_AUDINR
Open High Low AUDINR Price Change
56.542941 56.731356 56.341957 56.568333 +0.025392
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long-term trend has been UP since May 3rd, 2024 at 55.262989

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 55.262989

short term up The short-term trend has been UP since Jul 1st, 2024 at 55.715812

Smart Scan Analysis for AUDINR

Based on our trend formula, AUDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.542941 56.731356 56.341957 56.568333 +0.025392
Prev. Close Volume Bid Ask Time
56.542941 2024-07-12 19:32:44
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