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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Indian Rupee/Pakistani Rupee (FOREX:INRPKR)

Sidelines Mode (+50) - INRPKR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until INRPKR can gain momentum.

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
3.3424749 3.3424749 3.3409756 3.3409756 -0.0014990
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 up The intermediate-term trend has been UP since Apr 19th, 2024 at 3.3405130

short term up The short-term trend has been UP since Apr 19th, 2024 at 3.3375621

Smart Scan Analysis for INRPKR

Based on our trend formula, INRPKR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for INRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3424749 3.3424749 3.3409756 3.3409756 -0.0014990
Prev. Close Volume Bid Ask Time
3.3424749 2024-04-22 14:23:27
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