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Forex Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)
Long-Term Uptrend (+90) - NZDIDR is in a strong uptrend that is likely to continue. While NZDIDR 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 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.
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MarketClub’s Trade Triangles for NZDIDR
The long-term trend has been UP since May 14th, 2024 at 9721.296
The intermediate-term trend has been UP since Apr 9th, 2024 at 9620.672
The short-term trend has been UP since May 17th, 2024 at 9774.503
Smart Scan Analysis for NZDIDR
Based on our trend formula, NZDIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9765.404 | 9804.751 | 9739.416 | 9791.439 | +26.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9765.404 | 2024-05-17 17:00:34 |