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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Japanese Yen/Indian Rupee (FOREX:JPYINR)
Sidelines Mode (-55) - JPYINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid JPYINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYINR.
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 JPYINR
The long-term trend has been DOWN since Nov 5th, 2024 at 0.54632644
The intermediate-term trend has been UP since Nov 27th, 2024 at 0.55582075
The short-term trend has been DOWN since Dec 4th, 2024 at 0.56195907
Smart Scan Analysis for JPYINR
Based on our trend formula, JPYINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.56002960 | 0.56031111 | 0.55547096 | 0.55634100 | -0.00368900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.56002960 | 2024-12-11 13:32:43 |