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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 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 negative trend to resume. Downtrend 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
9665.5 9665.5 9665.5 9665.5 0.0
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long term trend has been DOWN since Aug 10th, 2018 at 9517.2

intermediate term down The intermediate term trend has been DOWN since Aug 8th, 2018 at 9672.8

short term up The short term trend has been UP since Aug 14th, 2018 at 9628.3

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
9665.5 9665.5 9665.5 9665.5 0.0
Prev. Close Volume Bid Ask Time
9665.5 9662.6 9668.4 2018-08-18 08:00:10
Want to analyze New Zealand Dollar/Indonesian Rupiah NZDIDR or another symbol? Try our Free Forex Trend Analysis Report.