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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

Indian Rupee/Pakistani Rupee (FOREX:INRPKR)

Strong Downtrend (-100) - INRPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INRPKR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_INRPKR
Open High Low INRPKR Price Change
3.2794704 3.2794704 3.2794704 3.2794704 0.0000000
Entry Signal

MarketClub’s Trade Triangles for INRPKR

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 3.3456251

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2024 at 3.3170824

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 3.2895399

Smart Scan Analysis for INRPKR

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

-100
Smart Scan Analysis for INRPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2794704 3.2794704 3.2794704 3.2794704 0.0000000
Prev. Close Volume Bid Ask Time
3.2794704 2024-12-05 11:19:08
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