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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
8976.958 8986.263 8971.184 8977.712 +0.754
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term up The long-term trend has been UP since Mar 23rd, 2020 at 9384.709

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2020 at 9258.351

short term up The short-term trend has been UP since May 19th, 2020 at 8914.760

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
8976.958 8986.263 8971.184 8977.712 +0.754
Prev. Close Volume Bid Ask Time
8976.958 8848.968 9106.455 2020-05-25 05:26:46
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