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.
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MarketClub’s Trade Triangles for INRCNH
The long-term trend has been UP since Dec 2nd, 2024 at 0.08625009
The intermediate-term trend has been DOWN since Dec 24th, 2024 at 0.08529872
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).
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 |