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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Australian Dollar/Indian Rupee (FOREX:AUDINR)
Sidelines Mode (+55) - AUDINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for AUDINR
The long-term trend has been UP since Aug 23rd, 2024 at 56.759117
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 56.314958
The short-term trend has been UP since Nov 18th, 2024 at 54.769236
Smart Scan Analysis for AUDINR
Based on our trend formula, AUDINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.034151 | 55.135751 | 54.981746 | 55.099113 | +0.064962 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.034151 | 2024-11-21 06:50:46 |