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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low AUDIDR Price Change
10850.00 10876.10 10850.00 10871.25 +21.25
Entry Signal

MarketClub’s Trade Triangles for AUDIDR

long term up The long term trend has been UP since Aug 8th, 2018 at 10827.90

intermediate term up The intermediate term trend has been UP since Sep 18th, 2018 at 10748.40

short term down The short term trend has been DOWN since Oct 17th, 2018 at 10798.45

Smart Scan Analysis for AUDIDR

Based on a pre-defined weighted trend formula for chart analysis, AUDIDR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for AUDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10850.00 10876.10 10850.00 10871.25 +21.25
Prev. Close Volume Bid Ask Time
10850 10728.40 11014.10 2018-10-19 05:01:13
Want to analyze Australian Dollar/Indonesian Rupiah AUDIDR or another symbol? Try our Free Forex Trend Analysis Report.