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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

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

Bull Market Weakness (+75) - INRCNH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRCNH as it may be in the beginning stages 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.

FOREX_INRCNH
Open High Low INRCNH Price Change
0.08912292 0.08918104 0.08850012 0.08893305 -0.00019000
Entry Signal

MarketClub’s Trade Triangles for INRCNH

long term up The long-term trend has been UP since Aug 30th, 2020 at 0.09381505

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2020 at 0.09381505

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 0.08855161

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
Smart Scan Analysis for INRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08912292 0.08918104 0.08850012 0.08893305 -0.00019000
Prev. Close Volume Bid Ask Time
0.08912292 2020-11-27 17:18:55
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