Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
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.
MarketClub’s Trade Triangles for IDRNZD
The long-term trend has been UP since Sep 5th, 2023 at 0.00011157
The intermediate-term trend has been DOWN since Sep 19th, 2023 at 0.00010931
The short-term trend has been DOWN since Sep 8th, 2023 at 0.00011038
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).