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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)
Strong Downtrend (-100) - IDRAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRAUD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IDRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRAUD.
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 IDRAUD
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00005213
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.00009484
The short-term trend has been DOWN since Apr 19th, 2024 at 0.00009564
Smart Scan Analysis for IDRAUD
Based on our trend formula, IDRAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00009510 | 0.00009548 | 0.00009503 | 0.00009517 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00009510 | 2024-04-24 14:41:12 |