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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2025.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Sidelines Mode (+55) - IDRNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_IDRNZD
Open High Low IDRNZD Price Change
0.00010926 0.00010957 0.00010887 0.00010914 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long-term trend has been UP since Aug 4th, 2024 at 0.00010480

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.00010591

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 0.00010968

Smart Scan Analysis for IDRNZD

Based on our trend formula, IDRNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00010926 0.00010957 0.00010887 0.00010914 0.00000000
Prev. Close Volume Bid Ask Time
0.00010926 2025-01-17 23:03:00
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