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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
46.909 46.909 46.909 46.909 0.000
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long term trend has been DOWN since Jun 20th, 2018 at 46.5165

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2018 at 46.6595

short term down The short term trend has been DOWN since Jun 13th, 2018 at 47.2170

Smart Scan Analysis for NZDINR

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

-100
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.909 46.909 46.909 46.909 0.000
Prev. Close Volume Bid Ask Time
46.909 46.857 46.961 2018-06-24 05:15:06
Want to analyze New Zealand Dollar/Indian Rupee NZDINR or another symbol? Try our Free Forex Trend Analysis Report.