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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

New Zealand Dollar/Indian Rupee (FOREX:NZDINR)

Strong Uptrend (+100) - NZDINR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDINR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
53.610534 53.747056 53.560918 53.671841 +0.061307
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term up The long-term trend has been UP since Oct 14th, 2021 at 52.850389

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 52.299045

short term up The short-term trend has been UP since Oct 4th, 2021 at 51.544779

Smart Scan Analysis for NZDINR

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

+100
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.610534 53.747056 53.560918 53.671841 +0.061307
Prev. Close Volume Bid Ask Time
53.610534 2021-10-22 05:06:56
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