Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Indian Rupee/Chinese Yuan Renminbi (FOREX:INRCNY)

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

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.

FOREX_INRCNY
Open High Low INRCNY Price Change
0.08588825 0.08588825 0.08588800 0.08588800 0.00000000
Entry Signal

MarketClub’s Trade Triangles for INRCNY

long term up The long-term trend has been UP since Dec 2nd, 2024 at 0.08604622

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.08546599

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.08587000

Smart Scan Analysis for INRCNY

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

+65
Smart Scan Analysis for INRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08588825 0.08588825 0.08588800 0.08588800 0.00000000
Prev. Close Volume Bid Ask Time
0.08588825 2024-12-21 09:45:08
Get a free daily analysis and signals for Indian Rupee/Chinese Yuan Renminbi (INRCNY) - Request Your Free Report.