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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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_IDRINR
Open High Low IDRINR Price Change
0.00481 0.00481 0.00480 0.00480 -0.00001
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term up The long term trend has been UP since Sep 21st, 2017 at 0.00487

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2017 at 0.00482

short term up The short term trend has been UP since Oct 18th, 2017 at 0.00482

Smart Scan Analysis for IDRINR

Based on a pre-defined weighted trend formula for chart analysis, IDRINR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00481 0.00481 0.00480 0.00480 -0.00001
Prev. Close Volume Bid Ask Time
0.00481 0.00480 0.00480 2017-10-23 14:52:08
Want to analyze Indonesian Rupiah/Indian Rupee IDRINR or another symbol? Try our Free Forex Trend Analysis Report.