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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Bull Market Weakness (+75) - INRNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRNZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRNZD
Open High Low INRNZD Price Change
0.02176973 0.02185974 0.02169216 0.02185726 +0.00008800
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term down The long-term trend has been DOWN since Dec 2nd, 2019 at 0.02153100

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 0.02132171

short term up The short-term trend has been UP since Feb 17th, 2020 at 0.02180612

Smart Scan Analysis for INRNZD

Based on our trend formula, INRNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for INRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02176973 0.02185974 0.02169216 0.02185726 +0.00008800
Prev. Close Volume Bid Ask Time
0.02176973 0.02185327 0.02186124 2020-02-17 21:09:14
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