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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_NZDINR
Open High Low NZDINR Price Change
49.7355 49.7415 49.3320 49.3680 -0.3675
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long term trend has been UP since Sep 17th, 2018 at 47.681

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 49.529

short term up The short term trend has been UP since Dec 3rd, 2018 at 48.130

Smart Scan Analysis for NZDINR

Based on a pre-defined weighted trend formula for chart analysis, NZDINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.7355 49.7415 49.3320 49.3680 -0.3675
Prev. Close Volume Bid Ask Time
49.7355 49.3390 49.3970 2018-12-12 06:31:52
Want to analyze New Zealand Dollar/Indian Rupee NZDINR or another symbol? Try our Free Forex Trend Analysis Report.