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Forex Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_IDREUR
Open High Low IDREUR Price Change
0.006665 0.006665 0.006610 0.006610 -0.000055
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term down The long term trend has been DOWN since May 17th, 2017 at 0.006785

intermediate term down The intermediate term trend has been DOWN since Jun 27th, 2017 at 0.006685

short term down The short term trend has been DOWN since Jun 23rd, 2017 at 0.006715

Smart Scan Analysis for IDREUR

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

-100
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006665 0.006665 0.006610 0.006610 -0.000055
Prev. Close Volume Bid Ask Time
0.006665 0.006510 0.006710 2017-06-28 09:59:42
Want to analyze Indonesian Rupiah/Euro IDREUR or another symbol? Try our Free Forex Trend Analysis Report.