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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Indian Rupee/Euro (FOREX:INREUR)

Sidelines Mode (+55) - INREUR 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 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.

FOREX_INREUR
Open High Low INREUR Price Change
0.01145818 0.01149836 0.01144768 0.01149070 +0.00003300
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term up The long-term trend has been UP since Aug 6th, 2021 at 0.01142623

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.01149717

short term up The short-term trend has been UP since Oct 20th, 2021 at 0.01149246

Smart Scan Analysis for INREUR

Based on our trend formula, INREUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01145818 0.01149836 0.01144768 0.01149070 +0.00003300
Prev. Close Volume Bid Ask Time
0.01145818 2021-10-21 18:17:42
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