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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Indian Rupee/Euro (FOREX:INREUR)
Countertrend Up (+85) - INREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for INREUR
The long-term trend has been UP since Apr 12th, 2024 at 0.01125975
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.01112893
The short-term trend has been DOWN since Apr 24th, 2024 at 0.01120688
Smart Scan Analysis for INREUR
Based on our trend formula, INREUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01119521 | 0.01123193 | 0.01116359 | 0.01121379 | +0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01119521 | 2024-04-26 17:01:28 |