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Forex Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

Indian Rupee/Euro (FOREX:INREUR)

Crossroads (+60) - INREUR 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 INREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for INREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INREUR
Open High Low INREUR Price Change
0.01126597 0.01128427 0.01123218 0.01123218 -0.00003400
Entry Signal

MarketClub’s Trade Triangles for INREUR

long term down The long-term trend has been DOWN since Apr 19th, 2021 at 0.01107163

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 0.01125278

short term up The short-term trend has been UP since May 13th, 2021 at 0.01127041

Smart Scan Analysis for INREUR

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

+60
Smart Scan Analysis for INREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01126597 0.01128427 0.01123218 0.01123218 -0.00003400
Prev. Close Volume Bid Ask Time
0.01126597 2021-05-14 17:13:36
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