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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)

Crossroads (+60) - INRIDR 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 INRIDR?

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

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

FOREX_INRIDR
Open High Low INRIDR Price Change
189.91199 190.42741 189.80916 190.05400 +0.14201
Entry Signal

MarketClub’s Trade Triangles for INRIDR

long term up The long-term trend has been UP since Dec 18th, 2024 at 190.86163

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 186.30308

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 189.51067

Smart Scan Analysis for INRIDR

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

+60
Smart Scan Analysis for INRIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
189.91199 190.42741 189.80916 190.05400 +0.14201
Prev. Close Volume Bid Ask Time
189.91199 2024-12-26 09:39:58
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