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Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Indian Rupee/US Dollar (FOREX:INRUSD)
Bull Market Weakness (+75) - INRUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRUSD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for INRUSD
The long-term trend has been UP since Mar 1st, 2023 at 0.01236322
The intermediate-term trend has been UP since Mar 1st, 2023 at 0.01217098
The short-term trend has been UP since Mar 22nd, 2023 at 0.01212840
Smart Scan Analysis for INRUSD
Based on our trend formula, INRUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01215672 | 0.01216552 | 0.01211879 | 0.01214367 | -0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01215672 | 2023-03-24 20:25:03 |