Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Indian Rupee/US Dollar (FOREX:INRUSD)
Sidelines Mode (-55) - INRUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
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 Feb 20th, 2025 at 0.01153165
Smart Scan Analysis for INRUSD
Based on our trend formula, INRUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01154634 | 0.01155184 | 0.01152465 | 0.01154080 | -0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01154741 | 2025-02-21 16:56:00 |