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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Indian Rupee/Japanese Yen (FOREX:INRJPY)
Strong Downtrend (-100) - INRJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INRJPY continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 5th, 2025 at 1.7553398
The intermediate-term trend has been DOWN since Jan 12th, 2025 at 1.8227679
The short-term trend has been DOWN since Jan 27th, 2025 at 1.7965336
Smart Scan Analysis for INRJPY
Based on our trend formula, INRJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7600281 | 1.7615371 | 1.7471898 | 1.7480515 | -0.0119770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7600281 | 2025-02-05 05:00:47 |