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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Indian Rupee/Euro (FOREX:INREUR)

Bull Market Weakness (+75) - INREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INREUR as it may be in the beginning stages 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.

FOREX_INREUR
Open High Low INREUR Price Change
0.01119521 0.01119521 0.01117507 0.01118219 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.01125975

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.01112893

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.01120688

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).

+75
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01119521 0.01119521 0.01117507 0.01118219 -0.00001300
Prev. Close Volume Bid Ask Time
0.01119521 2024-04-26 03:57:48
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