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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

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
84.090 84.090 83.410 83.605 -0.485
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term up The long-term trend has been UP since Mar 2nd, 2020 at 80.6830

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2020 at 79.3895

short term up The short-term trend has been UP since Mar 23rd, 2020 at 82.1940

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
84.090 84.090 83.410 83.605 -0.485
Prev. Close Volume Bid Ask Time
84.090 83.525 83.685 2020-03-30 06:28:57
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