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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

Strong Downtrend (-100) - JPYINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYINR continues to fall. Traders should use caution 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.

FOREX_JPYINR
Open High Low JPYINR Price Change
0.53850819 0.53893613 0.53780690 0.53837026 -0.00013800
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.54830710

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.54830710

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 0.54016108

Smart Scan Analysis for JPYINR

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

-100
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53850819 0.53893613 0.53780690 0.53837026 -0.00013800
Prev. Close Volume Bid Ask Time
0.53850819 2024-04-23 10:38:29
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