Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Australian Dollar/Indian Rupee (FOREX:AUDINR)
Bull Market Weakness (+75) - AUDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDINR as it may be in the beginning stages of a reversal.
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 DOWN since Jul 15th, 2021 at 55.281386
The intermediate-term trend has been UP since Oct 4th, 2021 at 54.298297
The short-term trend has been UP since Oct 1st, 2021 at 53.928809
Smart Scan Analysis for AUDINR
Based on our trend formula, AUDINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).