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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

Sidelines Mode (-55) - INRAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.01836456 0.01848494 0.01835661 0.01848494 +0.00012000
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term down The long-term trend has been DOWN since Nov 27th, 2023 at 0.01814526

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.01829544

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.01846745

Smart Scan Analysis for INRAUD

Based on our trend formula, INRAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01836456 0.01848494 0.01835661 0.01848494 +0.00012000
Prev. Close Volume Bid Ask Time
0.01836456 2024-03-28 05:33:04
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