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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
9592.354 9629.528 9581.506 9585.973 -6.381
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term up The long-term trend has been UP since May 14th, 2024 at 9721.296

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2024 at 9925.939

short term down The short-term trend has been DOWN since Jul 9th, 2024 at 9944.991

Smart Scan Analysis for NZDIDR

Based on our trend formula, NZDIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9592.354 9629.528 9581.506 9585.973 -6.381
Prev. Close Volume Bid Ask Time
9592.354 2024-07-26 17:00:04
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