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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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.01787902 0.01790542 0.01778214 0.01785895 -0.00002000
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term up The long-term trend has been UP since Jul 15th, 2021 at 0.01808489

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.01842115

short term down 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).

-60
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01787902 0.01790542 0.01778214 0.01785895 -0.00002000
Prev. Close Volume Bid Ask Time
0.01787902 2021-10-22 19:17:18
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