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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indian Rupee/Japanese Yen (FOREX:INRJPY)
Crossroads (-60) - INRJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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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 DOWN since Jul 15th, 2024 at 1.8868436
The short-term trend has been DOWN since Jul 11th, 2024 at 1.9219326
Smart Scan Analysis for INRJPY
Based on our trend formula, INRJPY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8371890 | 1.8478457 | 1.8310357 | 1.8391616 | +0.0019730 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8371890 | 2024-07-26 20:25:01 |