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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Indian Rupee/US Dollar (FOREX:INRUSD)
Bear Market Rally (-75) - INRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRUSD as it may be in the beginning of a reversal.
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 Jan 13th, 2025 at 0.01155496
The short-term trend has been UP since Jan 20th, 2025 at 0.01156909
Smart Scan Analysis for INRUSD
Based on our trend formula, INRUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01156251 | 0.01160654 | 0.01155128 | 0.01160318 | +0.00004100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01156251 | 2025-01-20 09:39:43 |