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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_AUDIDR
Open High Low AUDIDR Price Change
10393.50 10494.75 10387.70 10476.65 +83.15
Entry Signal

MarketClub’s Trade Triangles for AUDIDR

long term down The long term trend has been DOWN since Dec 5th, 2018 at 10429.85

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2018 at 10700.50

short term down The short term trend has been DOWN since Dec 5th, 2018 at 10445.10

Smart Scan Analysis for AUDIDR

Based on a pre-defined weighted trend formula for chart analysis, AUDIDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for AUDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10393.50 10494.75 10387.70 10476.65 +83.15
Prev. Close Volume Bid Ask Time
10393.5 10473.50 10479.80 2018-12-10 19:12:01
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