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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.021265 0.021380 0.021245 0.021380 +0.000115
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 May 20th, 2018 at 0.021150

short term up The short term trend has been UP since Jun 12th, 2018 at 0.021160

Smart Scan Analysis for INRNZD

Based on a pre-defined weighted trend formula for chart analysis, INRNZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.021265 0.021380 0.021245 0.021380 +0.000115
Prev. Close Volume Bid Ask Time
0.021265 0.021370 0.021390 2018-06-20 15:07:33
Want to analyze Indian Rupee/New Zealand Dollar INRNZD or another symbol? Try our Free Forex Trend Analysis Report.