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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

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
86.971 86.995 86.673 86.897 -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 Oct 11th, 2021 at 86.978

short term down The short-term trend has been DOWN since Oct 26th, 2021 at 86.904

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
86.971 86.995 86.673 86.897 -0.074
Prev. Close Volume Bid Ask Time
86.971 2021-10-28 06:43:20
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