Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Strong Uptrend (+100) - NZDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_NZDIDR
Open High Low NZDIDR Price Change
9838.688 9839.267 9818.586 9831.793 -6.895
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term up The long-term trend has been UP since May 14th, 2024 at 9721.296

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2024 at 9620.672

short term up The short-term trend has been UP since May 23rd, 2024 at 9829.571

Smart Scan Analysis for NZDIDR

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

+100
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9838.688 9839.267 9818.586 9831.793 -6.895
Prev. Close Volume Bid Ask Time
9838.688 2024-05-23 02:32:33
Get a free daily analysis and signals for New Zealand Dollar/Indonesian Rupiah (NZDIDR) - Request Your Free Report.