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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.00623 0.00625 0.00623 0.00624 +0.00001
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term up The long term trend has been UP since Oct 20th, 2017 at 0.00661

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2017 at 0.00624

short term down The short term trend has been DOWN since Dec 14th, 2017 at 0.00625

Smart Scan Analysis for IDREUR

Based on a pre-defined weighted trend formula for chart analysis, IDREUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00623 0.00625 0.00623 0.00624 +0.00001
Prev. Close Volume Bid Ask Time
0.00623 0.00615 0.00633 2017-12-15 22:23:32
Want to analyze Indonesian Rupiah/Euro IDREUR or another symbol? Try our Free Forex Trend Analysis Report.