Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Bull Market Weakness (+75) - NZDIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDIDR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NZDIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NZDIDR
The long-term trend has been DOWN since Mar 28th, 2024 at 9457.356
The intermediate-term trend has been UP since Apr 9th, 2024 at 9620.672
The short-term trend has been UP since May 5th, 2024 at 9646.753
Smart Scan Analysis for NZDIDR
Based on our trend formula, NZDIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9648.784 | 9671.278 | 9620.982 | 9657.469 | +8.685 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9648.784 | 2024-05-09 13:31:13 |