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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Indian Rupee/Chinese Yuan Renminbi (FOREX:INRCNY)
Sidelines Mode (-55) - INRCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid INRCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRCNY.
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 INRCNY
The long-term trend has been DOWN since Jan 29th, 2025 at 0.08344740
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.08546599
The short-term trend has been UP since Feb 19th, 2025 at 0.08379492
Smart Scan Analysis for INRCNY
Based on our trend formula, INRCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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Open | High | Low | Price | Change |
---|---|---|---|---|
0.08368220 | 0.08373028 | 0.08368220 | 0.08373028 | +0.00004800 |
Prev. Close | Volume | Bid | Ask | Time |
0.08368220 | 2025-02-22 03:17:43 |