Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Indian Rupee/New Zealand Dollar (FOREX:INRNZD)
Countertrend Up (+85) - INRNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid INRNZD?
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for INRNZD
The long-term trend has been UP since Nov 25th, 2024 at 0.02035274
The intermediate-term trend has been UP since Oct 7th, 2024 at 0.01937593
The short-term trend has been DOWN since Dec 25th, 2024 at 0.02071048
Smart Scan Analysis for INRNZD
Based on our trend formula, INRNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02076324 | 0.02081650 | 0.02073717 | 0.02080866 | +0.00004500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02076324 | 2024-12-26 04:54:05 |