Free Daily Analysis

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.

FOREX_NZDIDR
Open High Low NZDIDR Price Change
9450.338 9455.406 9331.842 9357.437 -92.901
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long-term trend has been DOWN since Mar 27th, 2023 at 9361.660

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2023 at 9398.372

short term down 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).

-90
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways 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
Get a free daily analysis and signals for New Zealand Dollar/Indonesian Rupiah (NZDIDR) - Request Your Free Report.