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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Zealand Dollar/Indian Rupee (FOREX:NZDINR)
Crossroads (-60) - NZDINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for NZDINR
The long-term trend has been UP since Jun 3rd, 2024 at 51.416781
The intermediate-term trend has been DOWN since Jun 26th, 2024 at 50.860750
The short-term trend has been DOWN since Jul 9th, 2024 at 51.042997
Smart Scan Analysis for NZDINR
Based on our trend formula, NZDINR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.270471 | 49.440407 | 49.270471 | 49.340018 | +0.069547 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.270471 | 2024-07-26 19:57:41 |