Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Indian Rupee/Euro (FOREX:INREUR)
Strong Downtrend (-100) - INREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for INREUR
The long-term trend has been DOWN since Mar 2nd, 2020 at 0.01239420
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 0.01153430
The short-term trend has been DOWN since Nov 27th, 2020 at 0.01133608
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).