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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Indian Rupee (FOREX:JPYINR)
Bull Market Weakness (+75) - JPYINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYINR as it may be in the beginning stages of a reversal.
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 DOWN since Mar 20th, 2024 at 0.54830710
The intermediate-term trend has been UP since Jul 17th, 2024 at 0.53052990
The short-term trend has been UP since Jul 11th, 2024 at 0.52001264
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.54457290 | 0.54578213 | 0.54118544 | 0.54560627 | +0.00103300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.54457290 | 2024-07-26 10:50:28 |