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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low IDRNZD Price Change
0.010380 0.010411 0.010315 0.010389 +0.000009
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long term trend has been UP since Jan 1st, 2019 at 0.010373

intermediate term up The intermediate term trend has been UP since Dec 19th, 2018 at 0.010226

short term down The short term trend has been DOWN since Jan 11th, 2019 at 0.010424

Smart Scan Analysis for IDRNZD

Based on a pre-defined weighted trend formula for chart analysis, IDRNZD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010380 0.010411 0.010315 0.010389 +0.000009
Prev. Close Volume Bid Ask Time
0.010380 0.010387 0.010392 2019-01-15 17:59:16
Want to analyze Indonesian Rupiah/New Zealand Dollar IDRNZD or another symbol? Try our Free Forex Trend Analysis Report.