Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
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.
MarketClub’s Trade Triangles for JPYINR
The long-term trend has been DOWN since Feb 2nd, 2021 at 0.69485850
The intermediate-term trend has been UP since Jan 24th, 2022 at 0.65608166
The short-term trend has been UP since Jan 12th, 2022 at 0.64395408
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).