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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2024.

Euro/Indian Rupee (FOREX:EURINR)

Strong Uptrend (+100) - EURINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURINR 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 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
93.313 93.364 93.259 93.352 +0.039
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term up The long-term trend has been UP since Jun 4th, 2024 at 91.134

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 90.504

short term up The short-term trend has been UP since Sep 19th, 2024 at 93.472

Smart Scan Analysis for EURINR

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

+100
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.313 93.364 93.259 93.352 +0.039
Prev. Close Volume Bid Ask Time
93.313 2024-09-20 03:05:55
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