Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Bear Market Rally (-75) - NZDINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDINR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NZDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDINR.
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 NZDINR
The long-term trend has been DOWN since Mar 19th, 2024 at 50.167129
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 50.271211
The short-term trend has been UP since Apr 23rd, 2024 at 49.407997
Smart Scan Analysis for NZDINR
Based on our trend formula, NZDINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.614547 | 49.743856 | 49.456422 | 49.596840 | -0.017707 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.614547 | 2024-04-26 15:18:47 |