Forex Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
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.
MarketClub’s Trade Triangles for NZDIDR
The long term trend has been UP since Jan 11th, 2018 at 9766.35
The intermediate term trend has been UP since Mar 26th, 2018 at 10098.00
The short term trend has been DOWN since Apr 16th, 2018 at 10093.00
Smart Scan Analysis for NZDIDR
Based on a pre-defined weighted trend formula for chart analysis, NZDIDR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).