Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Indian Rupee/Australian Dollar (FOREX:INRAUD)
Bull Market Weakness (+75) - INRAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRAUD as it may be in the beginning stages of a reversal.
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 Aug 16th, 2023 at 0.01872512
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 0.01855774
The short-term trend has been UP since Oct 3rd, 2023 at 0.01895458
Smart Scan Analysis for INRAUD
Based on our trend formula, INRAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).