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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
0.00601 0.00604 0.00601 0.00604 +0.00003
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term up The long term trend has been UP since May 16th, 2018 at 0.006015

intermediate term up The intermediate term trend has been UP since Apr 26th, 2018 at 0.005935

short term up The short term trend has been UP since May 23rd, 2018 at 0.006010

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
0.00601 0.00604 0.00601 0.00604 +0.00003
Prev. Close Volume Bid Ask Time
0.00601 0.00604 0.00604 2018-05-24 21:28:36
Want to analyze Indonesian Rupiah/Euro IDREUR or another symbol? Try our Free Forex Trend Analysis Report.