Forex Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Australian Dollar/Indian Rupee (FOREX:AUDINR)
Weak Downtrend (-65) - AUDINR is showing signs of a strengthening downtrend. Monitor AUDINR as it may be building momentum to the downside.
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 Dec 1st, 2021 at 53.185928
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 53.627798
The short-term trend has been UP since Jan 12th, 2022 at 53.411145
Smart Scan Analysis for AUDINR
Based on our trend formula, AUDINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).