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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Long-Term Downtrend (-90) - NZDIDR is in a strong downtrend that is likely to continue. While NZDIDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NZDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDIDR
Open High Low NZDIDR Price Change
9506.494 9519.570 9453.144 9496.067 -10.427
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 9457.356

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2024 at 9500.379

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 9517.255

Smart Scan Analysis for NZDIDR

Based on our trend formula, NZDIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9506.494 9519.570 9453.144 9496.067 -10.427
Prev. Close Volume Bid Ask Time
9506.494 2024-03-28 11:45:15
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