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Forex Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

Euro/Indian Rupee (FOREX:EURINR)

Strong Uptrend (+100) - EURINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURINR 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 EURINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURINR
Open High Low EURINR Price Change
88.4160 88.5427 88.4160 88.5427 +0.1267
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term up The long-term trend has been UP since Mar 2nd, 2020 at 80.683

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2020 at 85.730

short term up The short-term trend has been UP since Jul 22nd, 2020 at 86.079

Smart Scan Analysis for EURINR

Based on our trend formula, EURINR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.4160 88.5427 88.4160 88.5427 +0.1267
Prev. Close Volume Bid Ask Time
88.4160 87.5427 89.5427 2020-08-08 17:45:52
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