Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Crossroads (-60) - NZDINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for NZDINR
The long-term trend has been UP since Nov 5th, 2020 at 50.111823
The intermediate-term trend has been DOWN since Mar 5th, 2021 at 52.123862
The short-term trend has been DOWN since Mar 1st, 2021 at 53.271200
Smart Scan Analysis for NZDINR
Based on our trend formula, NZDINR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).