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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Sidelines Mode (+55) - INRNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.02157470 0.02164133 0.02152292 0.02160119 +0.00002600
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term up The long-term trend has been UP since Feb 26th, 2020 at 0.02219619

intermediate term up The intermediate-term trend has been UP since May 3rd, 2020 at 0.02213143

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.02196563

Smart Scan Analysis for INRNZD

Based on our trend formula, INRNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02157470 0.02164133 0.02152292 0.02160119 +0.00002600
Prev. Close Volume Bid Ask Time
0.02157470 0.02159682 0.02160557 2020-05-25 14:52:08
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