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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Indian Rupee/Japanese Yen (FOREX:INRJPY)

Strong Uptrend (+100) - INRJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INRJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.8942343 1.8961109 1.8928205 1.8942992 +0.0000650
Entry Signal

MarketClub’s Trade Triangles for INRJPY

long term up The long-term trend has been UP since Mar 4th, 2024 at 1.8201046

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 1.8241891

short term up The short-term trend has been UP since Jun 10th, 2024 at 1.8803073

Smart Scan Analysis for INRJPY

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

+100
Smart Scan Analysis for INRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8942343 1.8961109 1.8928205 1.8942992 +0.0000650
Prev. Close Volume Bid Ask Time
1.8942343 2024-06-20 06:05:32
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