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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)

Weak Downtrend (-65) - INRIDR is showing signs of a strengthening downtrend. Monitor INRIDR as it may be building momentum to the downside.

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
192.87621 194.61346 192.62940 193.74422 +0.86801
Entry Signal

MarketClub’s Trade Triangles for INRIDR

long term up The long-term trend has been UP since Feb 25th, 2021 at 198.08741

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2021 at 197.10444

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 194.16804

Smart Scan Analysis for INRIDR

Based on our trend formula, INRIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for INRIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
192.87621 194.61346 192.62940 193.74422 +0.86801
Prev. Close Volume Bid Ask Time
192.87621 2021-04-22 09:05:51
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