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Forex Trend Analysis Report

Prepared for you on Friday, July 30, 2021.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

Crossroads (+60) - JPYINR is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_JPYINR
Open High Low JPYINR Price Change
0.6785012 0.6794587 0.6773032 0.6774116 -0.0010900
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term down The long-term trend has been DOWN since Feb 2nd, 2021 at 0.69485850

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2021 at 0.67071736

short term up The short-term trend has been UP since Jul 27th, 2021 at 0.67639210

Smart Scan Analysis for JPYINR

Based on our trend formula, JPYINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6785012 0.6794587 0.6773032 0.6774116 -0.0010900
Prev. Close Volume Bid Ask Time
0.6785012 2021-07-30 09:10:49
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