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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)
Long-Term Uptrend (+90) - INRIDR is in a strong uptrend that is likely to continue. While INRIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for INRIDR
The long-term trend has been UP since Aug 2nd, 2023 at 184.25921
The intermediate-term trend has been UP since Mar 27th, 2024 at 190.73113
The short-term trend has been UP since Apr 26th, 2024 at 195.07264
Smart Scan Analysis for INRIDR
Based on our trend formula, INRIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 194.69732 | 195.17759 | 194.16775 | 194.78100 | +0.08368 |
| Prev. Close | Volume | Bid | Ask | Time |
| 194.69732 | 2024-04-26 09:02:41 |