Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Strong Uptrend (+100) - NZDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 28th, 2023 at 51.014808
The intermediate-term trend has been UP since Nov 6th, 2023 at 49.889005
The short-term trend has been UP since Nov 14th, 2023 at 49.306330
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).