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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

Long-Term Uptrend (+90) - JPYINR is in a strong uptrend that is likely to continue. While JPYINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_JPYINR
Open High Low JPYINR Price Change
0.62916997 0.62997558 0.62453134 0.62620336 -0.00296700
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term up The long-term trend has been UP since Dec 1st, 2022 at 0.59612093

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 0.61745393

short term up The short-term trend has been UP since Mar 9th, 2023 at 0.60357947

Smart Scan Analysis for JPYINR

Based on our trend formula, JPYINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.62916997 0.62997558 0.62453134 0.62620336 -0.00296700
Prev. Close Volume Bid Ask Time
0.62916997 2023-03-28 20:57:34
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