Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)
Sidelines Mode (+55) - IDRNZD 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 IDRNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IDRNZD
The long-term trend has been UP since Aug 4th, 2024 at 0.00010480
The intermediate-term trend has been UP since Jan 22nd, 2025 at 0.00011091
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.00010809
Smart Scan Analysis for IDRNZD
Based on our trend formula, IDRNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00010923 | 0.00010931 | 0.00010823 | 0.00010829 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00010923 | 2025-02-04 22:55:06 |