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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_NZDIDR
Open High Low NZDIDR Price Change
9980.45 10001.80 9937.15 9960.95 -19.50
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term up The long term trend has been UP since Oct 19th, 2018 at 10043.6

intermediate term up The intermediate term trend has been UP since Sep 19th, 2018 at 9838.9

short term down The short term trend has been DOWN since Oct 23rd, 2018 at 9943.5

Smart Scan Analysis for NZDIDR

Based on a pre-defined weighted trend formula for chart analysis, NZDIDR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9980.45 10001.80 9937.15 9960.95 -19.50
Prev. Close Volume Bid Ask Time
9980.45 9958.10 9963.80 2018-10-23 16:15:54
Want to analyze New Zealand Dollar/Indonesian Rupiah NZDIDR or another symbol? Try our Free Forex Trend Analysis Report.