Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
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 5th, 2020 at 50.111823
The intermediate-term trend has been UP since Oct 21st, 2020 at 48.949631
The short-term trend has been UP since Nov 20th, 2020 at 51.467284
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).