Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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
0.020510 0.020529 0.020411 0.020452 -0.000058
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term down The long term trend has been DOWN since Sep 17th, 2018 at 0.020935

intermediate term down The intermediate term trend has been DOWN since Dec 10th, 2018 at 0.020155

short term up The short term trend has been UP since Dec 13th, 2018 at 0.020390

Smart Scan Analysis for INRNZD

Based on a pre-defined weighted trend formula for chart analysis, INRNZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.020510 0.020529 0.020411 0.020452 -0.000058
Prev. Close Volume Bid Ask Time
0.020510 0.020444 0.020459 2018-12-14 20:47:31
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