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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Indonesian Rupiah/Chinese Renminbi Yuan (FOREX:IDRCNY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.046128 0.046503 0.045977 0.046090 -0.000038
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 down The intermediate term trend has been DOWN since Sep 3rd, 2018 at 0.046089

short term down The short term trend has been DOWN since Sep 24th, 2018 at 0.046011

Smart Scan Analysis for IDRCNY

Based on a pre-defined weighted trend formula for chart analysis, IDRCNY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.046128 0.046503 0.045977 0.046090 -0.000038
Prev. Close Volume Bid Ask Time
0.046128 0.046033 0.046148 2018-09-24 21:25:02
Want to analyze Indonesian Rupiah/Chinese Renminbi Yuan IDRCNY or another symbol? Try our Free Forex Trend Analysis Report.