Forex Trend Analysis Report
Prepared for you on Saturday, December 3, 2022.
Indian Rupee/Euro (FOREX:INREUR)
Strong Downtrend (-100) - INREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INREUR continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for INREUR
The long-term trend has been DOWN since Oct 27th, 2022 at 0.01207497
The intermediate-term trend has been DOWN since Oct 4th, 2022 at 0.01232849
The short-term trend has been DOWN since Dec 2nd, 2022 at 0.01169387
Smart Scan Analysis for INREUR
Based on our trend formula, INREUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).