Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 UP since Jul 18th, 2019 at 46.4695
The short term trend has been UP since Jul 11th, 2019 at 45.7245
Smart Scan Analysis for NZDINR
Based on a pre-defined weighted trend formula for chart analysis, NZDINR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.5600 | 46.6075 | 46.5600 | 46.5600 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.5600 | 46.5120 | 46.6080 | 2019-07-20 12:36:33 |