Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)
Strong Uptrend (+100) - IDRNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IDRNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for IDRNZD
The long-term trend has been UP since Jan 27th, 2020 at 0.01132900
The intermediate-term trend has been UP since Jan 13th, 2020 at 0.01105550
The short-term trend has been UP since Feb 17th, 2020 at 0.01138538
Smart Scan Analysis for IDRNZD
Based on our trend formula, IDRNZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).