Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)

Strong Uptrend (+100) - INRIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INRIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
196.78487 197.24886 196.60189 197.21543 +0.43056
Entry Signal

MarketClub’s Trade Triangles for INRIDR

long term up The long-term trend has been UP since Aug 2nd, 2023 at 184.25921

intermediate term up The intermediate-term trend has been UP since May 28th, 2024 at 193.77481

short term up The short-term trend has been UP since Jun 13th, 2024 at 195.40765

Smart Scan Analysis for INRIDR

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

+100
Smart Scan Analysis for INRIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
196.78487 197.24886 196.60189 197.21543 +0.43056
Prev. Close Volume Bid Ask Time
196.78487 2024-06-21 16:59:57
Get a free daily analysis and signals for Indian Rupee/Indonesian Rupiah (INRIDR) - Request Your Free Report.