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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.
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MarketClub’s Trade Triangles for INRAUD
The long-term trend has been UP since Dec 3rd, 2024 at 0.01840662
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.01775646
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).
| 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 |