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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Indonesian Rupiah/Chinese Yuan Renminbi (FOREX:IDRCNY)

Strong Downtrend (-100) - IDRCNY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRCNY continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid IDRCNY?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCNY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRCNY
Open High Low IDRCNY Price Change
0.00045098 0.00045098 0.00044930 0.00044995 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRCNY

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00024037

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.00045007

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.00045337

Smart Scan Analysis for IDRCNY

Based on our trend formula, IDRCNY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for IDRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00045098 0.00045098 0.00044930 0.00044995 -0.00000100
Prev. Close Volume Bid Ask Time
0.00045098 2024-03-19 06:55:25
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