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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
50.26717 50.26717 50.26717 50.26717 0.00000
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long-term trend has been UP since Aug 28th, 2024 at 52.595383

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 Oct 1st, 2024 at 52.701776

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
50.26717 50.26717 50.26717 50.26717 0.00000
Prev. Close Volume Bid Ask Time
50.26717 2024-10-26 04:17:49
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