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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Weak Downtrend (-65) - NZDINR is showing signs of a strengthening downtrend. Monitor NZDINR as it may be building momentum to the downside.

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
46.283906 46.346387 46.240830 46.260888 -0.023018
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 45.048785

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2020 at 45.167678

short term up The short-term trend has been UP since May 18th, 2020 at 45.415681

Smart Scan Analysis for NZDINR

Based on our trend formula, NZDINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.283906 46.346387 46.240830 46.260888 -0.023018
Prev. Close Volume Bid Ask Time
46.283906 46.216090 46.305686 2020-05-25 04:55:50
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