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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

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
1.4283169 1.4292144 1.4264783 1.4272360 -0.0010810
Entry Signal

MarketClub’s Trade Triangles for INRJPY

long term down The long-term trend has been DOWN since Jan 6th, 2020 at 1.5007500

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2020 at 1.4162286

short term up The short-term trend has been UP since Jul 31st, 2020 at 1.4129875

Smart Scan Analysis for INRJPY

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

-65
Smart Scan Analysis for INRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4283169 1.4292144 1.4264783 1.4272360 -0.0010810
Prev. Close Volume Bid Ask Time
1.4283169 1.4270661 1.4274060 2020-08-14 04:04:27
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