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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Indian Rupee/Australian Dollar (FOREX:INRAUD)

Countertrend Up (+85) - INRAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.01844882 0.01848682 0.01821250 0.01834407 -0.00010500
Entry Signal

MarketClub’s Trade Triangles for INRAUD

long term up The long-term trend has been UP since Dec 3rd, 2024 at 0.01840662

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.01775646

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 0.01828790

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
0.01844882 0.01848682 0.01821250 0.01834407 -0.00010500
Prev. Close Volume Bid Ask Time
0.01844882 2024-12-09 21:05:51
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