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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/Indian Rupee (FOREX:JPYINR)
Countertrend Down (-85) - JPYINR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid JPYINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYINR.
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 JPYINR
The long-term trend has been DOWN since Nov 5th, 2024 at 0.54632644
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.57141896
The short-term trend has been UP since Nov 19th, 2024 at 0.54852516
Smart Scan Analysis for JPYINR
Based on our trend formula, JPYINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54443108 | 0.54452545 | 0.54178007 | 0.54193956 | -0.00249200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54443108 | 2024-11-20 03:27:23 |