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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Strong Downtrend (-100) - INRNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.01879424 0.01879424 0.01879424 0.01879424 0.00000000
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term down The long-term trend has been DOWN since Nov 3rd, 2020 at 0.01989811

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2021 at 0.01891132

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 0.01892112

Smart Scan Analysis for INRNZD

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

-100
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01879424 0.01879424 0.01879424 0.01879424 0.00000000
Prev. Close Volume Bid Ask Time
0.01879424 2021-02-28 08:42:04
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