Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Indian Rupee/Japanese Yen (FOREX:INRJPY)
Long-Term Uptrend (+90) - INRJPY is in a strong uptrend that is likely to continue. While INRJPY 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 INRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for INRJPY
The long-term trend has been UP since Mar 4th, 2024 at 1.8201046
The intermediate-term trend has been UP since Mar 20th, 2024 at 1.8241891
The short-term trend has been UP since Apr 19th, 2024 at 1.8515633
Smart Scan Analysis for INRJPY
Based on our trend formula, INRJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8570158 | 1.8579924 | 1.8557920 | 1.8563718 | -0.0006440 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8570158 | 2024-04-23 02:47:35 |