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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
US Dollar/Indonesian Rupiah (FOREX:USDIDR)
Strong Uptrend (+100) - USDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDIDR 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 USDIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDIDR.
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 USDIDR
The long-term trend has been UP since Nov 30th, 2023 at 15975.00
The intermediate-term trend has been UP since Mar 19th, 2024 at 15784.25
The short-term trend has been UP since Apr 26th, 2024 at 16248.00
Smart Scan Analysis for USDIDR
Based on our trend formula, USDIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16220.75 | 16267.75 | 16187.75 | 16241.30 | +20.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16220.75 | 2024-04-26 19:57:39 |