Forex Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
Indonesian Rupiah/Euro (FOREX:IDREUR)
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.
MarketClub’s Trade Triangles for IDREUR
The long term trend has been UP since Nov 26th, 2018 at 0.006062
The intermediate term trend has been UP since Oct 25th, 2018 at 0.005796
The short term trend has been DOWN since Dec 5th, 2018 at 0.006143
Smart Scan Analysis for IDREUR
Based on a pre-defined weighted trend formula for chart analysis, IDREUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).