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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.
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MarketClub’s Trade Triangles for INRNZD
The long-term trend has been DOWN since Dec 2nd, 2019 at 0.02153100
The intermediate-term trend has been UP since Jan 13th, 2020 at 0.02132171
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).
| 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 |