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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
US Dollar/Indian Rupee (FOREX:USDINR)
Weak Downtrend (-65) - USDINR is showing signs of a strengthening downtrend. Monitor USDINR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDINR.
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 USDINR
The long-term trend has been DOWN since Apr 2nd, 2025 at 85.40205
The intermediate-term trend has been DOWN since Mar 19th, 2025 at 86.49750
The short-term trend has been UP since May 6th, 2025 at 84.67835
Smart Scan Analysis for USDINR
Based on our trend formula, USDINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 84.56690 | 86.14485 | 84.52950 | 85.83515 | +1.26825 |
| Prev. Close | Volume | Bid | Ask | Time |
| 84.56690 | 2025-05-08 23:34:29 |