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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Weak Downtrend (-65) - NZDIDR is showing signs of a strengthening downtrend. Monitor NZDIDR as it may be building momentum to the downside.

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
9344.146 9355.361 9313.202 9342.449 -1.697
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long-term trend has been DOWN since Apr 28th, 2022 at 9383.296

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 9431.776

short term down The short-term trend has been DOWN since Aug 2nd, 2022 at 9259.941

Smart Scan Analysis for NZDIDR

Based on our trend formula, NZDIDR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9344.146 9355.361 9313.202 9342.449 -1.697
Prev. Close Volume Bid Ask Time
9344.146 2022-08-09 16:53:17
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