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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
0.00009847 0.00009857 0.00009822 0.00009842 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long-term trend has been UP since Oct 6th, 2021 at 0.00010187

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.00009942

short term down The short-term trend has been DOWN since Oct 11th, 2021 at 0.00010115

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
0.00009847 0.00009857 0.00009822 0.00009842 0.00000000
Prev. Close Volume Bid Ask Time
0.00009847 2021-10-22 05:58:16
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