Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)
Strong Uptrend (+100) - AUDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDIDR
The long-term trend has been UP since Nov 1st, 2023 at 10148.981
The intermediate-term trend has been UP since Nov 28th, 2023 at 10289.025
The short-term trend has been UP since Dec 8th, 2023 at 10267.754
Smart Scan Analysis for AUDIDR
Based on our trend formula, AUDIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).