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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Crossroads (+60) - INRNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid INRNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRNZD
Open High Low INRNZD Price Change
0.02029087 0.02029182 0.02022869 0.02028069 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 0.01944869

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2024 at 0.01980294

short term up The short-term trend has been UP since Jul 9th, 2024 at 0.01959044

Smart Scan Analysis for INRNZD

Based on our trend formula, INRNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02029087 0.02029182 0.02022869 0.02028069 -0.00001000
Prev. Close Volume Bid Ask Time
0.02029087 2024-07-26 20:46:07
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