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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Indian Rupee/New Zealand Dollar (FOREX:INRNZD)

Weak Downtrend (-65) - INRNZD is showing signs of a strengthening downtrend. Monitor INRNZD as it may be building momentum to the downside.

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.

FOREX_INRNZD
Open High Low INRNZD Price Change
0.02105800 0.02108107 0.02103453 0.02105475 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for INRNZD

long term up The long-term trend has been UP since Feb 26th, 2020 at 0.02219619

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2020 at 0.02139807

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.02196563

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
0.02105800 0.02108107 0.02103453 0.02105475 -0.00000300
Prev. Close Volume Bid Ask Time
0.02105800 0.02105099 0.02105851 2020-06-02 02:06:26
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