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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Indian Rupee/New Zealand Dollar (FOREX:INRNZD)
Crossroads (-60) - INRNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for INRNZD
The long-term trend has been UP since Mar 19th, 2024 at 0.01993291
The intermediate-term trend has been DOWN since May 6th, 2024 at 0.01985514
The short-term trend has been DOWN since May 9th, 2024 at 0.01985291
Smart Scan Analysis for INRNZD
Based on our trend formula, INRNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01989388 | 0.01991848 | 0.01984055 | 0.01987976 | -0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01989388 | 2024-05-10 17:21:56 |