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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)

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_IDRCAD
Open High Low IDRCAD Price Change
0.913945 0.914920 0.913225 0.913765 -0.000180
Entry Signal

MarketClub’s Trade Triangles for IDRCAD

long term up The long term trend has been UP since Jun 19th, 2018 at 0.95597

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2018 at 0.92031

short term down The short term trend has been DOWN since Jul 16th, 2018 at 0.91331

Smart Scan Analysis for IDRCAD

Based on a pre-defined weighted trend formula for chart analysis, IDRCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for IDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.913945 0.914920 0.913225 0.913765 -0.000180
Prev. Close Volume Bid Ask Time
0.913945 0.913470 0.914060 2018-07-18 08:23:43
Want to analyze Indonesian Rupiah/Canadian Dollar IDRCAD or another symbol? Try our Free Forex Trend Analysis Report.