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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)

Crossroads (-60) - INRIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid INRIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRIDR
Open High Low INRIDR Price Change
187.03418 187.28444 186.69700 187.18785 +0.15367
Entry Signal

MarketClub’s Trade Triangles for INRIDR

long term up The long-term trend has been UP since Jul 4th, 2022 at 190.75914

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2022 at 186.26959

short term down The short-term trend has been DOWN since Aug 4th, 2022 at 187.61471

Smart Scan Analysis for INRIDR

Based on our trend formula, INRIDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for INRIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
187.03418 187.28444 186.69700 187.18785 +0.15367
Prev. Close Volume Bid Ask Time
187.03418 2022-08-10 03:54:39
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