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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_IDRNZD
Open High Low IDRNZD Price Change
0.010006 0.010010 0.009954 0.009976 -0.000030
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term down The long term trend has been DOWN since Oct 19th, 2018 at 0.009958

intermediate term up The intermediate term trend has been UP since Nov 8th, 2018 at 0.010170

short term down The short term trend has been DOWN since Nov 12th, 2018 at 0.010042

Smart Scan Analysis for IDRNZD

Based on a pre-defined weighted trend formula for chart analysis, IDRNZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010006 0.010010 0.009954 0.009976 -0.000030
Prev. Close Volume Bid Ask Time
0.010006 0.009975 0.009977 2018-11-14 05:50:27
Want to analyze Indonesian Rupiah/New Zealand Dollar IDRNZD or another symbol? Try our Free Forex Trend Analysis Report.