Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)
Countertrend Up (+85) - IDRNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for IDRNZD
The long-term trend has been UP since Aug 4th, 2024 at 0.00010480
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.00010591
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00010692
Smart Scan Analysis for IDRNZD
Based on our trend formula, IDRNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00010674 | 0.00010699 | 0.00010668 | 0.00010690 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00010674 | 2024-11-20 03:39:56 |