Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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
84.1353 84.2970 83.8240 84.0910 -0.0443
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 May 19th, 2020 at 82.956

short term up The short-term trend has been UP since May 27th, 2020 at 82.991

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
84.1353 84.2970 83.8240 84.0910 -0.0443
Prev. Close Volume Bid Ask Time
84.1353 84.0110 84.1710 2020-06-01 13:01:08
Get a free daily analysis and signals for Euro/Indian Rupee (EURINR) - Request Your Free Report.