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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Long-Term Uptrend (+90) - NZDINR is in a strong uptrend that is likely to continue. While NZDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NZDINR?

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

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

FOREX_NZDINR
Open High Low NZDINR Price Change
53.498307 53.498307 53.498307 53.498307 0.000000
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long-term trend has been UP since Nov 5th, 2020 at 50.111823

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 52.835496

short term up The short-term trend has been UP since Feb 19th, 2021 at 52.854013

Smart Scan Analysis for NZDINR

Based on our trend formula, NZDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.498307 53.498307 53.498307 53.498307 0.000000
Prev. Close Volume Bid Ask Time
53.498307 2021-03-01 00:52:43
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