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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_IDRISK
Open High Low IDRISK Price Change
0.00850 0.00855 0.00850 0.00850 0.00000
Entry Signal

MarketClub’s Trade Triangles for IDRISK

long term up The long term trend has been UP since May 24th, 2018 at 0.00745

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 0.00845

short term down The short term trend has been DOWN since Jan 18th, 2019 at 0.00855

Smart Scan Analysis for IDRISK

Based on a pre-defined weighted trend formula for chart analysis, IDRISK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00850 0.00855 0.00850 0.00850 0.00000
Prev. Close Volume Bid Ask Time
0.00850 0.00850 0.00850 2019-01-18 13:06:01
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