Forex Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jun 7th, 2017 at 9589.30
The intermediate term trend has been UP since Sep 15th, 2017 at 10460.25
The short term trend has been UP since Sep 15th, 2017 at 9669.85
Smart Scan Analysis for NZDIDR
Based on a pre-defined weighted trend formula for chart analysis, NZDIDR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).