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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Bear Market Rally (-75) - NZDIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDIDR as it may be in the beginning of a reversal.

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
9146.245 9157.309 9123.824 9131.857 -14.388
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 up The intermediate-term trend has been UP since Nov 13th, 2024 at 9512.523

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 9099.273

Smart Scan Analysis for NZDIDR

Based on our trend formula, NZDIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9146.245 9157.309 9123.824 9131.857 -14.388
Prev. Close Volume Bid Ask Time
9146.245 2024-12-26 08:55:48
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