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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Crossroads (+60) - IDRNZD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_IDRNZD
Open High Low IDRNZD Price Change
0.00009932 0.00009932 0.00009932 0.00009932 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term down The long-term trend has been DOWN since Jun 12th, 2020 at 0.01111158

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2021 at 0.00009850

short term up The short-term trend has been UP since Jul 28th, 2021 at 0.00009950

Smart Scan Analysis for IDRNZD

Based on our trend formula, IDRNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00009932 0.00009932 0.00009932 0.00009932 0.00000000
Prev. Close Volume Bid Ask Time
0.00009932 2021-08-01 09:06:13
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