Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Bull Market Weakness (+75) - NZDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDINR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for NZDINR
The long-term trend has been DOWN since Nov 25th, 2024 at 49.057160
The intermediate-term trend has been UP since Jan 20th, 2025 at 48.779051
The short-term trend has been UP since Jan 20th, 2025 at 48.692926
Smart Scan Analysis for NZDINR
Based on our trend formula, NZDINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.982497 | 49.110831 | 48.894188 | 48.969043 | -0.013454 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.982497 | 2025-01-22 19:45:26 |