Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Indian Rupee/Chinese Yuan Renminbi Offshore (FOREX:INRCNH)

Bear Market Rally (-75) - INRCNH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRCNH as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid INRCNH?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRCNH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	INRCNH Price	Change
0.08351295	0.08380656	0.08347562	0.08373256	+0.00022000
Entry Signal

MarketClub’s Trade Triangles for INRCNH

The long-term trend has been DOWN since Dec 4th, 2022 at 0.08573261

The intermediate-term trend has been DOWN since Mar 21st, 2023 at 0.08304823

The short-term trend has been UP since Mar 24th, 2023 at 0.08339382

Smart Scan Analysis for INRCNH

Based on our trend formula, INRCNH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.08351295	0.08380656	0.08347562	0.08373256	+0.00022000
Prev. Close	Volume	Bid	Ask	Time
0.08351295				2023-03-27 15:58:48

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