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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Indonesian Rupiah/Chinese Renminbi Yuan (FOREX:IDRCNY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_IDRCNY
Open High Low IDRCNY Price Change
0.045330 0.045385 0.045305 0.045375 +0.000045
Entry Signal

MarketClub’s Trade Triangles for IDRCNY

long term down The long term trend has been DOWN since Jan 3rd, 2018 at 0.047920

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2018 at 0.047915

short term up The short term trend has been UP since Apr 24th, 2018 at 0.045545

Smart Scan Analysis for IDRCNY

Based on a pre-defined weighted trend formula for chart analysis, IDRCNY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for IDRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045330 0.045385 0.045305 0.045375 +0.000045
Prev. Close Volume Bid Ask Time
0.045330 0.045360 0.045390 2018-04-26 07:12:00
Want to analyze Indonesian Rupiah/Chinese Renminbi Yuan IDRCNY or another symbol? Try our Free Forex Trend Analysis Report.