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Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Long-Term Downtrend (-90) - NZDIDR is in a strong downtrend that is likely to continue. While NZDIDR is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for NZDIDR
The long-term trend has been DOWN since Mar 27th, 2023 at 9361.660
The intermediate-term trend has been DOWN since Mar 26th, 2023 at 9398.372
The short-term trend has been DOWN since Mar 21st, 2023 at 9526.975
Smart Scan Analysis for NZDIDR
Based on our trend formula, NZDIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9450.338 | 9455.406 | 9331.842 | 9357.437 | -92.901 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9450.338 | 2023-03-29 22:49:04 |