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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_JPYIDR
Open High Low JPYIDR Price Change
120.515 120.755 120.260 120.590 +0.075
Entry Signal

MarketClub’s Trade Triangles for JPYIDR

long term down The long term trend has been DOWN since Oct 20th, 2017 at 116.800

intermediate term up The intermediate term trend has been UP since Jan 10th, 2018 at 121.170

short term up The short term trend has been UP since Jan 16th, 2018 at 120.625

Smart Scan Analysis for JPYIDR

Based on a pre-defined weighted trend formula for chart analysis, JPYIDR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for JPYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.515 120.755 120.260 120.590 +0.075
Prev. Close Volume Bid Ask Time
120.515 120.550 120.630 2018-01-23 18:42:38
Want to analyze Japanese Yen/Indonesian Rupiah JPYIDR or another symbol? Try our Free Forex Trend Analysis Report.