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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indian Rupee/US Dollar (FOREX:INRUSD)
Strong Downtrend (-100) - INRUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INRUSD continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 15th, 2024 at 0.01195276
The intermediate-term trend has been DOWN since Jun 4th, 2024 at 0.01195906
The short-term trend has been DOWN since Jul 22nd, 2024 at 0.01194122
Smart Scan Analysis for INRUSD
Based on our trend formula, INRUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01194356 | 0.01194615 | 0.01193270 | 0.01194106 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01194356 | 2024-07-26 17:02:13 |