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Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

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_IDRUSD
Open High Low IDRUSD Price Change
0.006858 0.006861 0.006854 0.006861 +0.000003
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term down The long term trend has been DOWN since Feb 7th, 2018 at 0.007340

intermediate term up The intermediate term trend has been UP since Nov 1st, 2018 at 0.006621

short term up The short term trend has been UP since Nov 15th, 2018 at 0.006794

Smart Scan Analysis for IDRUSD

Based on a pre-defined weighted trend formula for chart analysis, IDRUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006858 0.006861 0.006854 0.006861 +0.000003
Prev. Close Volume Bid Ask Time
0.006858 0.006859 0.006863 2018-11-20 00:59:26
Want to analyze Indonesian Rupiah/US Dollar IDRUSD or another symbol? Try our Free Forex Trend Analysis Report.