Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Indian Rupee/New Zealand Dollar (FOREX:INRNZD)
Long-Term Uptrend (+90) - INRNZD is in a strong uptrend that is likely to continue. While INRNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for INRNZD
The long-term trend has been UP since Feb 26th, 2020 at 0.02219619
The intermediate-term trend has been UP since Jan 13th, 2020 at 0.02132171
The short-term trend has been UP since Feb 17th, 2020 at 0.02180612
Smart Scan Analysis for INRNZD
Based on our trend formula, INRNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).