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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.

FOREX_NZDINR
Open High Low NZDINR Price Change
46.5600 46.6075 46.5600 46.5600 0.0000
Entry Signal

MarketClub’s Trade Triangles for NZDINR

long term down The long term trend has been DOWN since Dec 31st, 2018 at 46.6550

intermediate term up The intermediate term trend has been UP since Jul 18th, 2019 at 46.4695

short term up 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).

+60
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways 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
Want to analyze New Zealand Dollar/Indian Rupee NZDINR or another symbol? Try our Free Forex Trend Analysis Report.