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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

Weak Downtrend (-65) - JPYINR is showing signs of a strengthening downtrend. Monitor JPYINR as it may be building momentum to the downside.

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
0.7017688 0.7021952 0.6980456 0.6980921 -0.0036770
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.66787925

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2020 at 0.69873870

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 0.70074270

Smart Scan Analysis for JPYINR

Based on our trend formula, JPYINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7017688 0.7021952 0.6980456 0.6980921 -0.0036770
Prev. Close Volume Bid Ask Time
0.7017688 0.6974275 0.6987567 2020-06-02 05:07:20
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