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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Australian Dollar/Indian Rupee (FOREX:AUDINR)

Crossroads (+60) - AUDINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
54.825655 55.067656 54.751128 54.983220 +0.157565
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long-term trend has been UP since Aug 23rd, 2024 at 56.759117

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 56.314958

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 54.741440

Smart Scan Analysis for AUDINR

Based on our trend formula, AUDINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for AUDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.825655 55.067656 54.751128 54.983220 +0.157565
Prev. Close Volume Bid Ask Time
54.825655 2024-12-03 13:13:20
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