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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Indian Rupee/Euro (FOREX:INREUR)

Bear Market Rally (-75) - INREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INREUR as it may be in the beginning 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
0.01209498 0.01210802 0.01207949 0.01209293 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 0.01239420

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.01205459

short term up The short-term trend has been UP since May 25th, 2020 at 0.01210113

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
0.01209498 0.01210802 0.01207949 0.01209293 -0.00000200
Prev. Close Volume Bid Ask Time
0.01209498 0.01208123 0.01210463 2020-05-25 05:31:55
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