Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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

Crossroads (-60) - INRCNH 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 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
0.08867234 0.08884928 0.08734885 0.08810757 -0.00056500
Entry Signal

MarketClub’s Trade Triangles for INRCNH

long term up The long-term trend has been UP since Aug 30th, 2020 at 0.09381505

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.08781389

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 0.08882011

Smart Scan Analysis for INRCNH

Based on our trend formula, INRCNH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for INRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08867234 0.08884928 0.08734885 0.08810757 -0.00056500
Prev. Close Volume Bid Ask Time
0.08867234 2021-02-26 17:12:16
Get a free daily analysis and signals for Indian Rupee/Chinese Yuan Renminbi Offshore (INRCNH) - Request Your Free Report.