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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_IDRCAD
Open High Low IDRCAD Price Change
0.917795 0.917795 0.917795 0.917795 0.000000
Entry Signal

MarketClub’s Trade Triangles for IDRCAD

long term up The long term trend has been UP since Nov 20th, 2018 at 0.909900

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2018 at 0.867845

short term down The short term trend has been DOWN since Dec 7th, 2018 at 0.919335

Smart Scan Analysis for IDRCAD

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

+55
Smart Scan Analysis for IDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.917795 0.917795 0.917795 0.917795 0.000000
Prev. Close Volume Bid Ask Time
0.917795 0.917490 0.918100 2018-12-15 02:15:15
Want to analyze Indonesian Rupiah/Canadian Dollar IDRCAD or another symbol? Try our Free Forex Trend Analysis Report.