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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2024.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Strong Downtrend (-100) - NZDIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NZDIDR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NZDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDIDR
Open High Low NZDIDR Price Change
9494.804 9548.534 9486.273 9531.107 +36.303
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long-term trend has been DOWN since Aug 4th, 2024 at 9538.713

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2024 at 9439.174

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 9648.404

Smart Scan Analysis for NZDIDR

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

-100
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9494.804 9548.534 9486.273 9531.107 +36.303
Prev. Close Volume Bid Ask Time
9494.804 2024-09-16 19:41:49
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