Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)
Bull Market Weakness (+75) - IDRNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRNZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDRNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDRNZD
The long-term trend has been DOWN since Nov 28th, 2023 at 0.00010501
The intermediate-term trend has been UP since Jan 15th, 2024 at 0.00010369
The short-term trend has been UP since Mar 15th, 2024 at 0.00010497
Smart Scan Analysis for IDRNZD
Based on our trend formula, IDRNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00010493 | 0.00010518 | 0.00010483 | 0.00010513 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00010493 | 2024-03-19 02:41:07 |