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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_IDREUR
Open High Low IDREUR Price Change
0.00626 0.00626 0.00626 0.00626 0.00000
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 Oct 19th, 2017 at 0.006270

Smart Scan Analysis for IDREUR

Based on a pre-defined weighted trend formula for chart analysis, IDREUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00626 0.00626 0.00626 0.00626 0.00000
Prev. Close Volume Bid Ask Time
0.00626 0.00617 0.00635 2017-10-20 04:11:12
Want to analyze Indonesian Rupiah/Euro IDREUR or another symbol? Try our Free Forex Trend Analysis Report.