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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Sidelines Mode (+50) - NZDIDR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NZDIDR can gain momentum.
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.
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MarketClub’s Trade Triangles for NZDIDR
The long-term trend has been DOWN since Aug 4th, 2024 at 9538.713
The intermediate-term trend has been UP since Nov 13th, 2024 at 9512.523
The short-term trend has been UP since Nov 19th, 2024 at 9369.887
Smart Scan Analysis for NZDIDR
Based on our trend formula, NZDIDR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9366.070 | 9373.661 | 9347.154 | 9362.962 | -3.108 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9366.070 | 2024-11-20 03:45:38 |