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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

Long-Term Downtrend (-90) - INRAUD is in a strong downtrend that is likely to continue. While INRAUD is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.01989564 0.02005915 0.01979714 0.01990499 +0.00000900
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term down The long-term trend has been DOWN since May 19th, 2020 at 0.02012627

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.02012627

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.02044200

Smart Scan Analysis for INRAUD

Based on our trend formula, INRAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01989564 0.02005915 0.01979714 0.01990499 +0.00000900
Prev. Close Volume Bid Ask Time
0.01989564 0.01989900 0.01991097 2020-05-27 22:28:15
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