Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Indonesian Rupiah/British Pound (FOREX:IDRGBP)
Weak Downtrend (-65) - IDRGBP is showing signs of a strengthening downtrend. Monitor IDRGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid IDRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRGBP.
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 IDRGBP
The long-term trend has been DOWN since Nov 23rd, 2023 at 0.00005100
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00005033
The short-term trend has been UP since May 1st, 2024 at 0.00004933
Smart Scan Analysis for IDRGBP
Based on our trend formula, IDRGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00004982 | 0.00004998 | 0.00004968 | 0.00004980 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.00004982 | 2024-05-08 23:28:04 |