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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

Bull Market Weakness (+75) - INRAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRAUD as it may be in the beginning stages of a reversal.

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
0.01840180 0.01840582 0.01832876 0.01835020 -0.00005200
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.01867818

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 0.01852159

short term up The short-term trend has been UP since Apr 30th, 2024 at 0.01840160

Smart Scan Analysis for INRAUD

Based on our trend formula, INRAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01840180 0.01840582 0.01832876 0.01835020 -0.00005200
Prev. Close Volume Bid Ask Time
0.01840180 2024-05-01 17:38:23
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