Forex Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
Indian Rupee/US Dollar (FOREX:INRUSD)
Long-Term Uptrend (+90) - INRUSD is in a strong uptrend that is likely to continue. While INRUSD 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 INRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRUSD
The long-term trend has been UP since Jul 2nd, 2020 at 0.01336408
The intermediate-term trend has been UP since Dec 29th, 2020 at 0.01362778
The short-term trend has been UP since Jan 25th, 2021 at 0.01371601
Smart Scan Analysis for INRUSD
Based on our trend formula, INRUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).