Forex Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

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.

Open	High	Low	INRCNY Price	Change
0.08626679	0.08643709	0.08622070	0.08624001	-0.00002700
Entry Signal

MarketClub’s Trade Triangles for INRCNY

The long-term trend has been UP since May 18th, 2023 at 0.08513166

The intermediate-term trend has been DOWN since Sep 15th, 2023 at 0.08626348

The short-term trend has been DOWN since Sep 26th, 2023 at 0.08640031

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).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.08626679	0.08643709	0.08622070	0.08624001	-0.00002700
Prev. Close	Volume	Bid	Ask	Time
0.08654620				2023-09-29 16:52:15

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