Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Weak Uptrend (+65) - CADIDR is showing signs of weakening momentum to the upside. Monitor CADIDR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADIDR.
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 CADIDR
The long-term trend has been UP since Nov 30th, 2023 at 11653.923
The intermediate-term trend has been UP since Apr 16th, 2024 at 11804.397
The short-term trend has been DOWN since Apr 30th, 2024 at 11842.425
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
11706.043 | 11731.646 | 11684.194 | 11714.380 | +8.337 |
Prev. Close | Volume | Bid | Ask | Time |
11706.043 | 2024-05-09 15:21:30 |