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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Bull Market Weakness (+75) - USDIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDIDR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDIDR
Open High Low USDIDR Price Change
15710.00 15727.35 15705.50 15722.00 +12.00
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term up The long-term trend has been UP since Nov 30th, 2023 at 15975

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2024 at 15551

short term up The short-term trend has been UP since Mar 13th, 2024 at 15599

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15710.00 15727.35 15705.50 15722.00 +12.00
Prev. Close Volume Bid Ask Time
15710.00 2024-03-19 01:47:21
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