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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Indian Rupee/South African Rand (FOREX:INRZAR)

Strong Uptrend (+100) - INRZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INRZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_INRZAR
Open High Low INRZAR Price Change
0.24407003 0.25030110 0.24398211 0.24958412 +0.00551400
Entry Signal

MarketClub’s Trade Triangles for INRZAR

long term up The long-term trend has been UP since Feb 26th, 2020 at 0.21416290

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2020 at 0.21902169

short term up The short-term trend has been UP since Mar 27th, 2020 at 0.23354537

Smart Scan Analysis for INRZAR

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

+100
Smart Scan Analysis for INRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24407003 0.25030110 0.24398211 0.24958412 +0.00551400
Prev. Close Volume Bid Ask Time
0.24407003 0.24952340 0.24964483 2020-04-03 17:10:32
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