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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Weak Downtrend (-65) - INRCNH is showing signs of a strengthening downtrend. Monitor INRCNH as it may be building momentum to the downside.

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
0.08574074 0.08575905 0.08564016 0.08565096 -0.00009000
Entry Signal

MarketClub’s Trade Triangles for INRCNH

long term up The long-term trend has been UP since Dec 2nd, 2024 at 0.08625009

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2024 at 0.08529872

short term down The short-term trend has been DOWN since Dec 20th, 2024 at 0.08556571

Smart Scan Analysis for INRCNH

Based on our trend formula, INRCNH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08574074 0.08575905 0.08564016 0.08565096 -0.00009000
Prev. Close Volume Bid Ask Time
0.08574074 2024-12-26 06:39:26
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