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.
MarketClub’s Trade Triangles for AUDINR
The long-term trend has been UP since Nov 16th, 2020 at 54.444468
The intermediate-term trend has been UP since Nov 3rd, 2020 at 53.006026
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).