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Forex Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
Indian Rupee/Australian Dollar (FOREX:INRAUD)
Sidelines Mode (-55) - INRAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for INRAUD
The long-term trend has been DOWN since Aug 23rd, 2024 at 0.01761965
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.01775646
The short-term trend has been DOWN since Nov 5th, 2024 at 0.01798010
Smart Scan Analysis for INRAUD
Based on our trend formula, INRAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01802051 | 0.01803204 | 0.01795800 | 0.01796571 | -0.00005500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01802051 | 2024-11-05 05:52:45 |