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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

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

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

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

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

FOREX_NZDINR
Open High Low NZDINR Price Change
50.426138 50.508686 50.285377 50.319678 -0.106460
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long-term trend has been UP since Jun 3rd, 2024 at 51.416781

intermediate term down The intermediate-term trend has been DOWN since Jun 26th, 2024 at 50.860750

short term down The short-term trend has been DOWN since Jul 9th, 2024 at 51.042997

Smart Scan Analysis for NZDINR

Based on our trend formula, NZDINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.426138 50.508686 50.285377 50.319678 -0.106460
Prev. Close Volume Bid Ask Time
50.261302 2024-07-19 19:52:53
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