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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Indian Rupee/Euro (FOREX:INREUR)
Countertrend Up (+85) - INREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 6th, 2024 at 0.01108022
The intermediate-term trend has been UP since Nov 5th, 2024 at 0.01104937
The short-term trend has been DOWN since Nov 19th, 2024 at 0.01116982
Smart Scan Analysis for INREUR
Based on our trend formula, INREUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01118369 | 0.01121517 | 0.01118369 | 0.01121027 | +0.00002700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01118369 | 2024-11-20 03:22:23 |