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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Indonesian Rupiah/Chinese Renminbi Yuan (FOREX:IDRCNY)

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.

Open High Low IDRCNY Price Change
0.046385 0.046408 0.046319 0.046360 -0.000025
Entry Signal

MarketClub’s Trade Triangles for IDRCNY

long term up The long term trend has been UP since Jun 19th, 2018 at 0.046690

intermediate term up The intermediate term trend has been UP since May 28th, 2018 at 0.045610

short term down The short term trend has been DOWN since Jul 18th, 2018 at 0.046361

Smart Scan Analysis for IDRCNY

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

Smart Scan Analysis for IDRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.046385 0.046408 0.046319 0.046360 -0.000025
Prev. Close Volume Bid Ask Time
0.046385 0.046343 0.046377 2018-07-18 08:12:24
Want to analyze Indonesian Rupiah/Chinese Renminbi Yuan IDRCNY or another symbol? Try our Free Forex Trend Analysis Report.