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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Weak Uptrend (+65) - NZDINR is showing signs of weakening momentum to the upside. Monitor NZDINR as it may be in the beginning stages of a reversal.

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
51.002877 51.088802 51.002877 51.077671 +0.074794
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long-term trend has been UP since Jun 3rd, 2024 at 51.416781

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 50.366358

short term down The short-term trend has been DOWN since Jun 23rd, 2024 at 51.060605

Smart Scan Analysis for NZDINR

Based on our trend formula, NZDINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.002877 51.088802 51.002877 51.077671 +0.074794
Prev. Close Volume Bid Ask Time
51.002877 2024-06-24 01:55:12
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