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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_IDRNZD
Open High Low IDRNZD Price Change
0.010199 0.010211 0.010162 0.010181 -0.000018
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long term trend has been UP since Aug 9th, 2018 at 0.010485

intermediate term up The intermediate term trend has been UP since Sep 10th, 2018 at 0.010410

short term down The short term trend has been DOWN since Sep 13th, 2018 at 0.010248

Smart Scan Analysis for IDRNZD

Based on a pre-defined weighted trend formula for chart analysis, IDRNZD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010199 0.010211 0.010162 0.010181 -0.000018
Prev. Close Volume Bid Ask Time
0.010199 0.010179 0.010182 2018-09-19 14:12:45
Want to analyze Indonesian Rupiah/New Zealand Dollar IDRNZD or another symbol? Try our Free Forex Trend Analysis Report.