Forex Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Australian Dollar/Indian Rupee (FOREX:AUDINR)
Strong Uptrend (+100) - AUDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDINR 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 AUDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDINR
The long-term trend has been UP since Nov 16th, 2020 at 54.444468
The intermediate-term trend has been UP since Apr 8th, 2021 at 56.873568
The short-term trend has been UP since Apr 19th, 2021 at 58.254325
Smart Scan Analysis for AUDINR
Based on our trend formula, AUDINR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).