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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Euro/Indian Rupee (FOREX:EURINR)

Weak Downtrend (-65) - EURINR is showing signs of a strengthening downtrend. Monitor EURINR as it may be building momentum to the downside.

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
81.006 81.080 80.857 81.080 +0.074
Entry Signal

MarketClub’s Trade Triangles for EURINR

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 87.524

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2022 at 82.115

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 81.522

Smart Scan Analysis for EURINR

Based on our trend formula, EURINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.006 81.080 80.857 81.080 +0.074
Prev. Close Volume Bid Ask Time
81.006 2022-08-18 06:19:08
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