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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Indian Rupee/Japanese Yen (FOREX:INRJPY)

Weak Downtrend (-65) - INRJPY is showing signs of a strengthening downtrend. Monitor INRJPY as it may be building momentum to the downside.

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.

FOREX_INRJPY
Open High Low INRJPY Price Change
1.4218046 1.4249938 1.4203866 1.4222786 +0.0004740
Entry Signal

MarketClub’s Trade Triangles for INRJPY

long term down The long-term trend has been DOWN since Jan 6th, 2020 at 1.5007500

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 1.5129482

short term up The short-term trend has been UP since May 26th, 2020 at 1.4246645

Smart Scan Analysis for INRJPY

Based on our trend formula, INRJPY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for INRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4218046 1.4249938 1.4203866 1.4222786 +0.0004740
Prev. Close Volume Bid Ask Time
1.4218046 1.4222607 1.4222965 2020-05-28 12:33:41
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