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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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.01806737 0.01810598 0.01803257 0.01803498 -0.00003200
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term down The long-term trend has been DOWN since Mar 1st, 2022 at 0.01813164

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.01822643

short term down 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).

-100
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01806737 0.01810598 0.01803257 0.01803498 -0.00003200
Prev. Close Volume Bid Ask Time
0.01806737 2022-08-10 04:52:26
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