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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Indian Rupee/US Dollar (FOREX:INRUSD)

Weak Downtrend (-65) - INRUSD is showing signs of a strengthening downtrend. Monitor INRUSD as it may be building momentum to the downside.

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

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

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

FOREX_INRUSD
Open High Low INRUSD Price Change
0.01199307 0.01199598 0.01195876 0.01196051 -0.00003300
Entry Signal

MarketClub’s Trade Triangles for INRUSD

long term up The long-term trend has been UP since Sep 12th, 2023 at 0.01224556

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 0.01201353

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.01199533

Smart Scan Analysis for INRUSD

Based on our trend formula, INRUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01199307 0.01199598 0.01195876 0.01196051 -0.00003300
Prev. Close Volume Bid Ask Time
0.01199307 2024-04-12 17:05:22
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