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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

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

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
49.932338 50.000138 49.683117 49.684236 -0.248102
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 50.167129

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 50.271211

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 50.099780

Smart Scan Analysis for NZDINR

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

-100
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.932338 50.000138 49.683117 49.684236 -0.248102
Prev. Close Volume Bid Ask Time
49.932338 2024-03-28 06:00:47
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