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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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
9596.243 9625.885 9516.166 9617.491 +21.248
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 9457.356

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2024 at 9620.672

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 9570.404

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
9596.243 9625.885 9516.166 9617.491 +21.248
Prev. Close Volume Bid Ask Time
9596.243 2024-04-24 12:44:05
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