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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Long-Term Uptrend (+90) - IDRNZD is in a strong uptrend that is likely to continue. While IDRNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_IDRNZD
Open High Low IDRNZD Price Change
0.00010750 0.00010819 0.00010681 0.00010782 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long-term trend has been UP since Apr 28th, 2022 at 0.00010653

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2022 at 0.00010811

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.00010611

Smart Scan Analysis for IDRNZD

Based on our trend formula, IDRNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00010750 0.00010819 0.00010681 0.00010782 0.00000000
Prev. Close Volume Bid Ask Time
0.00010750 2022-08-18 22:27:48
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