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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Weak Downtrend (-65) - IDRNZD is showing signs of a strengthening downtrend. Monitor IDRNZD as it may be building momentum to the downside.

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
0.00010421 0.00010425 0.00010409 0.00010414 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long-term trend has been UP since Mar 28th, 2024 at 0.00010573

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 0.00010413

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.00010362

Smart Scan Analysis for IDRNZD

Based on our trend formula, IDRNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00010421 0.00010425 0.00010409 0.00010414 0.00000000
Prev. Close Volume Bid Ask Time
0.00010421 2024-04-24 02:13:34
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