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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Indian Rupee/Euro (FOREX:INREUR)

Countertrend Down (-85) - INREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.01128656 0.01129447 0.01125544 0.01126952 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long-term trend has been DOWN since Oct 27th, 2022 at 0.01207497

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2023 at 0.01129434

short term up The short-term trend has been UP since Mar 24th, 2023 at 0.01130149

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).

-85
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01128656 0.01129447 0.01125544 0.01126952 -0.00001700
Prev. Close Volume Bid Ask Time
0.01128656 2023-03-27 10:49:10
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