Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)
Bull Market Weakness (+75) - IDRSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRSGD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDRSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRSGD.
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 IDRSGD
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00004574
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00008528
The short-term trend has been UP since May 3rd, 2024 at 0.00008418
Smart Scan Analysis for IDRSGD
Based on our trend formula, IDRSGD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00008435 | 0.00008454 | 0.00008427 | 0.00008451 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00008435 | 2024-05-09 15:33:24 |