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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.

FOREX_NZDINR
Open High Low NZDINR Price Change
48.6385 48.6650 48.6385 48.6650 +0.0265
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 down The intermediate term trend has been DOWN since Feb 11th, 2019 at 47.8230

short term down 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).

-70
Smart Scan Analysis for NZDINR
Strong Downtrend Sideways 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
Want to analyze New Zealand Dollar/Indian Rupee NZDINR or another symbol? Try our Free Forex Trend Analysis Report.