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Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_INRNZD
Open High Low INRNZD Price Change
0.021667 0.021827 0.021568 0.021652 -0.000015
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term up The long term trend has been UP since Jun 21st, 2018 at 0.021485

intermediate term up The intermediate term trend has been UP since Jun 20th, 2018 at 0.021415

short term down The short term trend has been DOWN since Aug 13th, 2018 at 0.021827

Smart Scan Analysis for INRNZD

Based on a pre-defined weighted trend formula for chart analysis, INRNZD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021667 0.021827 0.021568 0.021652 -0.000015
Prev. Close Volume Bid Ask Time
0.021667 0.021649 0.021655 2018-08-15 14:23:47
Want to analyze Indian Rupee/New Zealand Dollar INRNZD or another symbol? Try our Free Forex Trend Analysis Report.