Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
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.
MarketClub’s Trade Triangles for INRIDR
The long-term trend has been DOWN since Mar 7th, 2022 at 186.83291
The intermediate-term trend has been UP since Jun 13th, 2022 at 189.43924
The short-term trend has been UP since Jun 30th, 2022 at 189.33722
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).