Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

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_NZDINR
Open High Low NZDINR Price Change
44.4485 44.5485 44.4090 44.5075 +0.0590
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long term trend has been DOWN since Oct 19th, 2017 at 45.5805

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2017 at 46.1830

short term up The short term trend has been UP since Nov 22nd, 2017 at 44.5100

Smart Scan Analysis for NZDINR

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

-75
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.4485 44.5485 44.4090 44.5075 +0.0590
Prev. Close Volume Bid Ask Time
44.4485 44.4780 44.5370 2017-11-24 09:41:50
Want to analyze New Zealand Dollar/Indian Rupee NZDINR or another symbol? Try our Free Forex Trend Analysis Report.