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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Weak Downtrend (-65) - INRNZD is showing signs of a strengthening downtrend. Monitor INRNZD as it may be building momentum to the downside.

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
0.01953039 0.01953747 0.01950126 0.01951491 -0.00001500
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 down The intermediate-term trend has been DOWN since May 6th, 2024 at 0.01985514

short term up The short-term trend has been UP since Jun 17th, 2024 at 0.01956178

Smart Scan Analysis for INRNZD

Based on our trend formula, INRNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01953039 0.01953747 0.01950126 0.01951491 -0.00001500
Prev. Close Volume Bid Ask Time
0.01953039 2024-06-20 06:18:03
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