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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Strong Uptrend (+100) - AUDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDINR 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 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
50.096558 50.447267 49.946920 50.439235 +0.342677
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long-term trend has been UP since May 19th, 2020 at 49.686006

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 49.686006

short term up The short-term trend has been UP since May 18th, 2020 at 48.928069

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).

+100
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.096558 50.447267 49.946920 50.439235 +0.342677
Prev. Close Volume Bid Ask Time
50.096558 50.391100 50.487370 2020-05-28 12:32:25
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