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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

Countertrend Down (-85) - INRAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.01736834 0.01736834 0.01721236 0.01722724 -0.00014100
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term down The long-term trend has been DOWN since Nov 16th, 2020 at 0.01837118

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2021 at 0.01758090

short term up The short-term trend has been UP since Apr 6th, 2021 at 0.01793132

Smart Scan Analysis for INRAUD

Based on our trend formula, INRAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01736834 0.01736834 0.01721236 0.01722724 -0.00014100
Prev. Close Volume Bid Ask Time
0.01736834 2021-04-14 13:37:14
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