Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Indian Rupee/Australian Dollar (FOREX:INRAUD)
Crossroads (-60) - INRAUD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for INRAUD
The long-term trend has been UP since Jul 15th, 2021 at 0.01808489
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.01842115
The short-term trend has been DOWN since Oct 1st, 2021 at 0.01854331
Smart Scan Analysis for INRAUD
Based on our trend formula, INRAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).