Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Strong Uptrend (+100) - CADIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADIDR 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 CADIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CADIDR
The long-term trend has been UP since Nov 30th, 2023 at 11653.923
The intermediate-term trend has been UP since Apr 16th, 2024 at 11804.397
The short-term trend has been UP since Apr 16th, 2024 at 11757.141
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11803.381 | 11840.630 | 11757.835 | 11793.332 | -10.049 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11803.381 | 2024-04-19 17:02:45 |