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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Indian Rupee/Chinese Yuan Renminbi Offshore (FOREX:INRCNH)

Weak Uptrend (+65) - INRCNH is showing signs of weakening momentum to the upside. Monitor INRCNH as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid INRCNH?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRCNH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRCNH
Open High Low INRCNH Price Change
0.08674213 0.08692455 0.08664996 0.08676121 +0.00001900
Entry Signal

MarketClub’s Trade Triangles for INRCNH

long term up The long-term trend has been UP since Mar 4th, 2024 at 0.08719457

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 0.08721920

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.08685663

Smart Scan Analysis for INRCNH

Based on our trend formula, INRCNH is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for INRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08674213 0.08692455 0.08664996 0.08676121 +0.00001900
Prev. Close Volume Bid Ask Time
0.08674213 2024-04-18 17:18:30
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