Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Weak Downtrend (-65) - NZDIDR is showing signs of a strengthening downtrend. Monitor NZDIDR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NZDIDR
The long-term trend has been UP since Nov 1st, 2021 at 10253.862
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 9951.412
The short-term trend has been DOWN since Nov 22nd, 2021 at 9952.967
Smart Scan Analysis for NZDIDR
Based on our trend formula, NZDIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).