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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Indonesian Rupiah/New Zealand Dollar (FOREX:IDRNZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRNZD
Open High Low IDRNZD Price Change
0.010287 0.010318 0.010229 0.010261 -0.000026
Entry Signal

MarketClub’s Trade Triangles for IDRNZD

long term up The long term trend has been UP since Jan 1st, 2019 at 0.010373

intermediate term down The intermediate term trend has been DOWN since Mar 8th, 2019 at 0.010287

short term up The short term trend has been UP since Mar 18th, 2019 at 0.010285

Smart Scan Analysis for IDRNZD

Based on a pre-defined weighted trend formula for chart analysis, IDRNZD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for IDRNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010287 0.010318 0.010229 0.010261 -0.000026
Prev. Close Volume Bid Ask Time
0.010287 0.010258 0.010265 2019-03-20 19:14:50
Want to analyze Indonesian Rupiah/New Zealand Dollar IDRNZD or another symbol? Try our Free Forex Trend Analysis Report.