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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Indian Rupee/Japanese Yen (FOREX:INRJPY)
Long-Term Uptrend (+90) - INRJPY is in a strong uptrend that is likely to continue. While INRJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for INRJPY
The long-term trend has been UP since Nov 5th, 2024 at 1.8301845
The intermediate-term trend has been UP since Oct 2nd, 2024 at 1.7495290
The short-term trend has been UP since Nov 20th, 2024 at 1.8401116
Smart Scan Analysis for INRJPY
Based on our trend formula, INRJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8275932 | 1.8349073 | 1.8263283 | 1.8329600 | +0.0053670 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8275932 | 2024-11-22 19:49:57 |