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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)

Weak Uptrend (+65) - INRIDR is showing signs of weakening momentum to the upside. Monitor INRIDR as it may be in the beginning stages of a reversal.

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
194.60832 194.92885 194.07541 194.46659 -0.14173
Entry Signal

MarketClub’s Trade Triangles for INRIDR

long term up The long-term trend has been UP since Aug 2nd, 2023 at 184.25921

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2024 at 194.57788

short term up The short-term trend has been UP since Jul 21st, 2024 at 193.88054

Smart Scan Analysis for INRIDR

Based on our trend formula, INRIDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for INRIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
194.60832 194.92885 194.07541 194.46659 -0.14173
Prev. Close Volume Bid Ask Time
194.60832 2024-07-26 17:00:04
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