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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
0.943935 0.943935 0.943245 0.943245 -0.000690
Entry Signal

MarketClub’s Trade Triangles for IDRCAD

long term up The long term trend has been UP since Sep 25th, 2017 at 1.021900

intermediate term up The intermediate term trend has been UP since Sep 25th, 2017 at 0.932825

short term down The short term trend has been DOWN since Nov 16th, 2017 at 0.937540

Smart Scan Analysis for IDRCAD

Based on a pre-defined weighted trend formula for chart analysis, IDRCAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for IDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.943935 0.943935 0.943245 0.943245 -0.000690
Prev. Close Volume Bid Ask Time
0.943935 0.942930 0.943560 2017-11-18 23:52:25
Want to analyze Indonesian Rupiah/Canadian Dollar IDRCAD or another symbol? Try our Free Forex Trend Analysis Report.