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Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Indian Rupee/US Dollar (FOREX:INRUSD)
Crossroads (-60) - INRUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for INRUSD
The long-term trend has been UP since Jul 2nd, 2020 at 0.01336408
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.01363790
The short-term trend has been DOWN since Feb 25th, 2021 at 0.01375497
Smart Scan Analysis for INRUSD
Based on our trend formula, INRUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01357267 | 0.01366494 | 0.01357174 | 0.01361983 | +0.00004700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01357267 | 2021-03-01 11:27:20 |