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.
MarketClub’s Trade Triangles for INRIDR
The long-term trend has been UP since Feb 25th, 2021 at 198.08741
The intermediate-term trend has been DOWN since Apr 6th, 2021 at 197.10444
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).