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.
MarketClub’s Trade Triangles for NZDINR
The long-term trend has been DOWN since Feb 26th, 2020 at 45.048785
The intermediate-term trend has been DOWN since May 3rd, 2020 at 45.167678
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).