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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Bull Market Weakness (+75) - NZDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDINR as it may be in the beginning stages of a reversal.

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
51.121886 51.456565 51.099902 51.424190 +0.302304
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 50.734466

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 51.794149

short term up The short-term trend has been UP since Mar 28th, 2023 at 51.333331

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
51.121886 51.456565 51.099902 51.424190 +0.302304
Prev. Close Volume Bid Ask Time
51.121886 2023-03-30 16:55:37
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