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Forex Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

New Zealand Dollar/Indonesian Rupiah (FOREX:NZDIDR)

Bear Market Rally (-75) - NZDIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDIDR as it may be in the beginning of a reversal.

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
8724.924 8974.862 8686.811 8720.596 -4.328
Entry Signal

MarketClub’s Trade Triangles for NZDIDR

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 8829.500

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2020 at 8936.347

short term down The short-term trend has been DOWN since Feb 28th, 2020 at 8703.825

Smart Scan Analysis for NZDIDR

Based on our trend formula, NZDIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NZDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8724.924 8974.862 8686.811 8720.596 -4.328
Prev. Close Volume Bid Ask Time
8724.924 8717.767 8723.425 2020-02-28 14:28:40
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