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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_IDRINR
Open High Low IDRINR Price Change
0.005023 0.005038 0.005008 0.005017 -0.000006
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term up The long term trend has been UP since Sep 24th, 2018 at 0.004920

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 0.004948

short term up The short term trend has been UP since Dec 26th, 2018 at 0.004829

Smart Scan Analysis for IDRINR

Based on a pre-defined weighted trend formula for chart analysis, IDRINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.005023 0.005038 0.005008 0.005017 -0.000006
Prev. Close Volume Bid Ask Time
0.005023 0.005016 0.005017 2019-01-17 05:35:31
Want to analyze Indonesian Rupiah/Indian Rupee IDRINR or another symbol? Try our Free Forex Trend Analysis Report.