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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.
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MarketClub’s Trade Triangles for JPYINR
The long-term trend has been UP since Dec 1st, 2022 at 0.59612093
The intermediate-term trend has been UP since Mar 13th, 2023 at 0.61745393
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).
| 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 |