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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Euro/Indian Rupee (FOREX:EURINR)

Sidelines Mode (-55) - EURINR 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 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.

Open High Low EURINR Price Change
84.808 85.016 84.752 85.014 +0.206
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 87.524

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2021 at 84.727

short term up The short-term trend has been UP since Jan 12th, 2022 at 84.088

Smart Scan Analysis for EURINR

Based on our trend formula, EURINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.808 85.016 84.752 85.014 +0.206
Prev. Close Volume Bid Ask Time
84.808 2022-01-18 05:29:22
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