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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

Long-Term Downtrend (-90) - JPYINR is in a strong downtrend that is likely to continue. While JPYINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.55071328 0.55188361 0.55055139 0.55139859 +0.00068500
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 0.54830710

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.54830710

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.55958748

Smart Scan Analysis for JPYINR

Based on our trend formula, JPYINR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55071328 0.55188361 0.55055139 0.55139859 +0.00068500
Prev. Close Volume Bid Ask Time
0.55071328 2024-03-28 22:00:12
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