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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.

FOREX_NZDINR
Open High Low NZDINR Price Change
52.426163 52.426163 52.426163 52.426163 0.000000
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long-term trend has been UP since Nov 5th, 2020 at 50.111823

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2021 at 52.123862

short term down 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).

-60
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.426163 52.426163 52.426163 52.426163 0.000000
Prev. Close Volume Bid Ask Time
52.426163 2021-03-06 03:17:43
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