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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Indian Rupee (FOREX:USDINR)
Strong Uptrend (+100) - USDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDINR.
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 USDINR
The long-term trend has been UP since Jun 4th, 2024 at 83.89910
The intermediate-term trend has been UP since Jun 4th, 2024 at 83.61865
The short-term trend has been UP since Jul 24th, 2024 at 83.74940
Smart Scan Analysis for USDINR
Based on our trend formula, USDINR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 83.72715 | 83.75695 | 83.71070 | 83.73950 | +0.01235 |
| Prev. Close | Volume | Bid | Ask | Time |
| 83.72715 | 2024-07-26 19:42:38 |