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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.009416 0.009416 0.009406 0.009406 -0.000010
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 up The intermediate term trend has been UP since Aug 10th, 2018 at 0.009463

short term down The short term trend has been DOWN since Aug 15th, 2018 at 0.009422

Smart Scan Analysis for IDRAUD

Based on a pre-defined weighted trend formula for chart analysis, IDRAUD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009416 0.009416 0.009406 0.009406 -0.000010
Prev. Close Volume Bid Ask Time
0.009416 0.009405 0.009407 2018-08-21 05:39:46
Want to analyze Indonesian Rupiah/Australian Dollar IDRAUD or another symbol? Try our Free Forex Trend Analysis Report.