Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

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.

Open	High	Low	EURINR Price	Change
89.539	89.665	89.401	89.517	-0.022
Entry Signal

MarketClub’s Trade Triangles for EURINR

The long-term trend has been UP since Oct 27th, 2022 at 82.816

The intermediate-term trend has been UP since Mar 14th, 2023 at 88.540

The short-term trend has been UP since Mar 28th, 2023 at 89.126

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
89.539	89.665	89.401	89.517	-0.022
Prev. Close	Volume	Bid	Ask	Time
89.539				2023-03-31 05:31:43

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