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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.

FOREX_INRAUD
Open High Low INRAUD Price Change
0.01829296 0.01831962 0.01821104 0.01821306 -0.00008000
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 Nov 3rd, 2020 at 0.01887211

short term down 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).

-100
Smart Scan Analysis for INRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01829296 0.01831962 0.01821104 0.01821306 -0.00008000
Prev. Close Volume Bid Ask Time
0.01829296 2020-12-03 02:57:58
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