Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Indian Rupee/Australian Dollar (FOREX:INRAUD)
Strong Downtrend (-100) - INRAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRAUD
The long-term trend has been DOWN since Nov 16th, 2020 at 0.01837118
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 0.01887211
The short-term trend has been DOWN since Dec 2nd, 2020 at 0.01827681
Smart Scan Analysis for INRAUD
Based on our trend formula, INRAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).