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Forex Trend Analysis Report

Prepared for you on Sunday, May 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.

FOREX_INRCNH
Open High Low INRCNH Price Change
0.08732373 0.08732373 0.08732373 0.08732373 0.00000000
Entry Signal

MarketClub’s Trade Triangles for INRCNH

long term down The long-term trend has been DOWN since May 3rd, 2024 at 0.08610708

intermediate term up The intermediate-term trend has been UP since May 23rd, 2024 at 0.08718092

short term up The short-term trend has been UP since May 17th, 2024 at 0.08676344

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
Smart Scan Analysis for INRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08732373 0.08732373 0.08732373 0.08732373 0.00000000
Prev. Close Volume Bid Ask Time
0.08732373 2024-05-25 05:54:52
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