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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Indian Rupee/Pakistani Rupee (FOREX:INRPKR)

Long-Term Downtrend (-90) - INRPKR is in a strong downtrend that is likely to continue. While INRPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid INRPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRPKR
Open High Low INRPKR Price Change
3.3325396 3.3337143 3.3325396 3.3337143 +0.0011750
Entry Signal

MarketClub’s Trade Triangles for INRPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 3.3456251

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 3.3324770

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 3.3374548

Smart Scan Analysis for INRPKR

Based on our trend formula, INRPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3325396 3.3337143 3.3325396 3.3337143 +0.0011750
Prev. Close Volume Bid Ask Time
3.3325396 2024-06-21 17:38:10
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