Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Indian Rupee/Australian Dollar (FOREX:INRAUD)
Strong Downtrend (-100) - INRAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INRAUD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRAUD
The long-term trend has been DOWN since Mar 1st, 2022 at 0.01813164
The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.01822643
The short-term trend has been DOWN since Aug 8th, 2022 at 0.01797068
Smart Scan Analysis for INRAUD
Based on our trend formula, INRAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).