Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)
Countertrend Down (-85) - IDRCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid IDRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IDRCAD
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00004559
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00008600
The short-term trend has been UP since Apr 15th, 2024 at 0.00008561
Smart Scan Analysis for IDRCAD
Based on our trend formula, IDRCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00008558 | 0.00008569 | 0.00008509 | 0.00008525 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00008558 | 2024-04-16 12:30:04 |