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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Indian Rupee/South African Rand (FOREX:INRZAR)
Strong Uptrend (+100) - INRZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INRZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid INRZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRZAR.
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 INRZAR
The long-term trend has been UP since Feb 22nd, 2024 at 0.23128627
The intermediate-term trend has been UP since Apr 18th, 2024 at 0.22908604
The short-term trend has been UP since Apr 10th, 2024 at 0.22499845
Smart Scan Analysis for INRZAR
Based on our trend formula, INRZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.22735770 | 0.23167440 | 0.22662611 | 0.23072290 | +0.00336500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.22735770 | 2024-04-18 22:38:22 |