Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for NZDINR
The long term trend has been DOWN since Dec 31st, 2018 at 46.6550
The intermediate term trend has been DOWN since Feb 11th, 2019 at 47.8230
The short term trend has been DOWN since Feb 20th, 2019 at 48.6995
Smart Scan Analysis for NZDINR
Based on a pre-defined weighted trend formula for chart analysis, NZDINR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.6385 | 48.6650 | 48.6385 | 48.6650 | +0.0265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.6385 | 48.6170 | 48.7130 | 2019-02-23 07:39:30 |