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Forex Trend Analysis Report
Prepared for you on Thursday, November 28, 2024.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Countertrend Down (-85) - NZDINR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for NZDINR
The long-term trend has been DOWN since Nov 25th, 2024 at 49.057160
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 51.650855
The short-term trend has been UP since Nov 26th, 2024 at 49.443399
Smart Scan Analysis for NZDINR
Based on our trend formula, NZDINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.781269 | 49.812029 | 49.684247 | 49.758640 | -0.022629 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.781269 | 2024-11-28 16:50:09 |