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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)
Sidelines Mode (-55) - IDRJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IDRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDRJPY
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00498666
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.00942303
The short-term trend has been UP since Apr 23rd, 2024 at 0.00953823
Smart Scan Analysis for IDRJPY
Based on our trend formula, IDRJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00963315 | 0.00966570 | 0.00958598 | 0.00966533 | +0.00003200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00963315 | 2024-04-25 05:55:03 |