Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Indian Rupee/Japanese Yen (FOREX:INRJPY)

Countertrend Up (+85) - INRJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_INRJPY
Open High Low INRJPY Price Change
1.5176644 1.5253759 1.5155686 1.5245164 +0.0068520
Entry Signal

MarketClub’s Trade Triangles for INRJPY

long term up The long-term trend has been UP since Feb 2nd, 2021 at 1.4390885

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 1.5045232

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 1.5186036

Smart Scan Analysis for INRJPY

Based on our trend formula, INRJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for INRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5176644 1.5253759 1.5155686 1.5245164 +0.0068520
Prev. Close Volume Bid Ask Time
1.5176644 2021-10-26 15:07:29
Get a free daily analysis and signals for Indian Rupee/Japanese Yen (INRJPY) - Request Your Free Report.