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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Euro/Indian Rupee (FOREX:EURINR)

Long-Term Uptrend (+90) - EURINR is in a strong uptrend that is likely to continue. While EURINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid EURINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURINR
Open High Low EURINR Price Change
88.775 89.761 88.693 89.530 +0.755
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term up The long-term trend has been UP since Mar 2nd, 2020 at 80.683

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 88.546

short term up The short-term trend has been UP since Feb 22nd, 2021 at 88.035

Smart Scan Analysis for EURINR

Based on our trend formula, EURINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.775 89.761 88.693 89.530 +0.755
Prev. Close Volume Bid Ask Time
88.775 2021-02-26 11:29:46
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