Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Indonesian Rupiah/Chinese Yuan Renminbi (FOREX:IDRCNY)

Crossroads (-60) - IDRCNY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	IDRCNY Price	Change
0.00043709	0.00044648	0.00043706	0.00043709	0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRCNY

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

The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00045476

The short-term trend has been UP since Apr 16th, 2024 at 0.00044392

Smart Scan Analysis for IDRCNY

Based on our trend formula, IDRCNY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00043709	0.00044648	0.00043706	0.00043709	0.00000000
Prev. Close	Volume	Bid	Ask	Time
0.00043709				2024-04-23 01:44:50

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