Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
Indian Rupee/Euro (FOREX:INREUR)
Strong Uptrend (+100) - INREUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INREUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for INREUR
The long-term trend has been UP since Aug 6th, 2021 at 0.01142623
The intermediate-term trend has been UP since Jun 13th, 2022 at 0.01218785
The short-term trend has been UP since Jun 29th, 2022 at 0.01214183
Smart Scan Analysis for INREUR
Based on our trend formula, INREUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).