Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Indian Rupee/Chinese Yuan Renminbi (FOREX:INRCNY)
Crossroads (-60) - INRCNY 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 INRCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRCNY
The long-term trend has been UP since Apr 28th, 2022 at 0.08638439
The intermediate-term trend has been DOWN since May 23rd, 2022 at 0.08593933
The short-term trend has been DOWN since Jul 4th, 2022 at 0.08473074
Smart Scan Analysis for INRCNY
Based on our trend formula, INRCNY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).