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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Bull Market Weakness (+75) - AUDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDINR as it may be in the beginning stages of a reversal.

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
56.373455 56.406795 55.945112 56.115793 -0.257662
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term down The long-term trend has been DOWN since Jul 15th, 2021 at 55.281386

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 54.298297

short term up The short-term trend has been UP since Oct 1st, 2021 at 53.928809

Smart Scan Analysis for AUDINR

Based on our trend formula, AUDINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.373455 56.406795 55.945112 56.115793 -0.257662
Prev. Close Volume Bid Ask Time
56.373455 2021-10-21 08:20:33
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