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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_IDRAUD
Open High Low IDRAUD Price Change
0.009284 0.009289 0.009280 0.009283 -0.000001
Entry Signal

MarketClub’s Trade Triangles for IDRAUD

long term down The long term trend has been DOWN since Aug 8th, 2018 at 0.009237

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 0.009304

short term up The short term trend has been UP since Oct 18th, 2018 at 0.009271

Smart Scan Analysis for IDRAUD

Based on a pre-defined weighted trend formula for chart analysis, IDRAUD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009284 0.009289 0.009280 0.009283 -0.000001
Prev. Close Volume Bid Ask Time
0.009284 0.009283 0.009284 2018-10-23 01:49:13
Want to analyze Indonesian Rupiah/Australian Dollar IDRAUD or another symbol? Try our Free Forex Trend Analysis Report.