Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Crossroads (-60) - INRCNH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.08663797	0.08679088	0.08659135	0.08678674	+0.00014900
Entry Signal

MarketClub’s Trade Triangles for INRCNH

The long-term trend has been UP since Jun 28th, 2024 at 0.08758958

The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.08693594

The short-term trend has been DOWN since Jul 25th, 2024 at 0.08668308

Smart Scan Analysis for INRCNH

Based on our trend formula, INRCNH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.08663797	0.08679088	0.08659135	0.08678674	+0.00014900
Prev. Close	Volume	Bid	Ask	Time
0.08663797				2024-07-26 17:00:03

Get a free daily analysis and signals for Indian Rupee/Chinese Yuan Renminbi Offshore (INRCNH) - Request Your Free Report.