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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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
48.135105 48.135105 48.135105 48.135105 0.000000
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long-term trend has been DOWN since Nov 25th, 2024 at 49.057160

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 51.650855

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 49.314887

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
48.135105 48.135105 48.135105 48.135105 0.000000
Prev. Close Volume Bid Ask Time
48.135105 2024-12-26 04:39:42
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