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Forex Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

Indian Rupee/Japanese Yen (FOREX:INRJPY)

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

Is it time to buy, sell, or avoid INRJPY?

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

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

FOREX_INRJPY
Open High Low INRJPY Price Change
1.6342780 1.6397818 1.6325916 1.6368292 +0.0025510
Entry Signal

MarketClub’s Trade Triangles for INRJPY

long term up The long-term trend has been UP since Feb 2nd, 2021 at 1.4390885

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2022 at 1.6485787

short term down The short-term trend has been DOWN since May 18th, 2022 at 1.6560259

Smart Scan Analysis for INRJPY

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

-70
Smart Scan Analysis for INRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6342780 1.6397818 1.6325916 1.6368292 +0.0025510
Prev. Close Volume Bid Ask Time
1.6342780 2022-05-27 15:30:13
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