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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_IDRUSD
Open High Low IDRUSD Price Change
0.006933 0.006946 0.006870 0.006871 -0.000062
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 down The intermediate term trend has been DOWN since Jun 15th, 2018 at 0.007025

short term down The short term trend has been DOWN since Jul 16th, 2018 at 0.006929

Smart Scan Analysis for IDRUSD

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

-100
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006933 0.006946 0.006870 0.006871 -0.000062
Prev. Close Volume Bid Ask Time
0.006933 0.006866 0.006876 2018-07-19 22:52:04
Want to analyze Indonesian Rupiah/US Dollar IDRUSD or another symbol? Try our Free Forex Trend Analysis Report.