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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Indian Rupee/Pakistani Rupee (FOREX:INRPKR)

Countertrend Up (+85) - INRPKR 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 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
2.2105751 2.2105751 2.2105751 2.2105751 0.0000000
Entry Signal

MarketClub’s Trade Triangles for INRPKR

long term up The long-term trend has been UP since Mar 27th, 2020 at 2.1971598

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2020 at 2.1405417

short term up The short-term trend has been UP since Mar 26th, 2020 at 2.1212022

Smart Scan Analysis for INRPKR

Based on our trend formula, INRPKR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for INRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2105751 2.2105751 2.2105751 2.2105751 0.0000000
Prev. Close Volume Bid Ask Time
2.2072464 2.2089217 2.2122284 2020-04-07 11:14:10
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