Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Sidelines Mode (+55) - NZDIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
10263.142 10268.500 10209.226 10210.084 -53.058
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 10223.364

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 10189.736

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 10327.423

Smart Scan Analysis for NZDIDR

Based on our trend formula, NZDIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10263.142 10268.500 10209.226 10210.084 -53.058
Prev. Close Volume Bid Ask Time
10263.142 2021-03-08 20:43:49
Get a free daily analysis and signals for New Zealand Dollar/Indonesian Rupiah (NZDIDR) - Request Your Free Report.