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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.021015 0.021065 0.021005 0.021015 0.000000
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term down The long term trend has been DOWN since Jan 24th, 2018 at 0.021155

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2017 at 0.022330

short term down The short term trend has been DOWN since Feb 12th, 2018 at 0.021425

Smart Scan Analysis for INRNZD

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

-100
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021015 0.021065 0.021005 0.021015 0.000000
Prev. Close Volume Bid Ask Time
0.021015 0.021010 0.021020 2018-02-18 21:03:08
Want to analyze Indian Rupee/New Zealand Dollar INRNZD or another symbol? Try our Free Forex Trend Analysis Report.