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Forex Trend Analysis Report

Prepared for you on Tuesday, January 16, 2018.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
0.010285 0.010380 0.010280 0.010310 +0.000025
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long term trend has been UP since Oct 8th, 2017 at 0.010515

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2017 at 0.010625

short term up The short term trend has been UP since Jan 14th, 2018 at 0.010390

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
0.010285 0.010380 0.010280 0.010310 +0.000025
Prev. Close Volume Bid Ask Time
0.010285 0.010310 0.010310 2018-01-16 12:27:38
Want to analyze Indonesian Rupiah/New Zealand Dollar IDRNZD or another symbol? Try our Free Forex Trend Analysis Report.