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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

Sidelines Mode (+55) - JPYINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.56502044 0.56502044 0.56502044 0.56502044 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.54632644

intermediate term up The intermediate-term trend has been UP since Nov 27th, 2024 at 0.55582075

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 0.56195907

Smart Scan Analysis for JPYINR

Based on our trend formula, JPYINR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56502044 0.56502044 0.56502044 0.56502044 0.00000000
Prev. Close Volume Bid Ask Time
0.56502044 2024-12-07 04:22:59
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