Forex Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 Jan 11th, 2018 at 9766.35
The intermediate term trend has been UP since Dec 12th, 2017 at 9410.00
The short term trend has been UP since Jan 17th, 2018 at 9739.25
Smart Scan Analysis for NZDIDR
Based on a pre-defined weighted trend formula for chart analysis, NZDIDR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).