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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)
Long-Term Uptrend (+90) - IDRNZD is in a strong uptrend that is likely to continue. While IDRNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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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 Oct 15th, 2024 at 0.00010591
The short-term trend has been UP since Nov 22nd, 2024 at 0.00010772
Smart Scan Analysis for IDRNZD
Based on our trend formula, IDRNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00010771 | 0.00010792 | 0.00010752 | 0.00010757 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00010771 | 2024-11-22 06:42:54 |