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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indian Rupee/Euro (FOREX:INREUR)
Bear Market Rally (-75) - INREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INREUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid INREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INREUR.
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 INREUR
The long-term trend has been DOWN since Jun 4th, 2024 at 0.01097286
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.01104924
The short-term trend has been UP since Jul 22nd, 2024 at 0.01099156
Smart Scan Analysis for INREUR
Based on our trend formula, INREUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01099978 | 0.01101614 | 0.01099119 | 0.01100317 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01099978 | 2024-07-26 10:50:28 |