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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 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
54.667519 54.989542 54.573629 54.941756 +0.274237
Entry Signal

MarketClub’s Trade Triangles for AUDINR

long term up The long-term trend has been UP since Nov 16th, 2020 at 54.444468

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 53.006026

short term up The short-term trend has been UP since Dec 2nd, 2020 at 54.684897

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
54.667519 54.989542 54.573629 54.941756 +0.274237
Prev. Close Volume Bid Ask Time
54.667519 2020-12-03 12:16:14
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