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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)

Long-Term Uptrend (+90) - AUDIDR is in a strong uptrend that is likely to continue. While AUDIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_AUDIDR
Open High Low AUDIDR Price Change
10487.630 10499.914 10368.518 10379.015 -108.615
Entry Signal

MarketClub’s Trade Triangles for AUDIDR

long term up The long-term trend has been UP since Jul 31st, 2020 at 10500.834

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2020 at 10500.834

short term up The short-term trend has been UP since Jul 28th, 2020 at 10387.936

Smart Scan Analysis for AUDIDR

Based on our trend formula, AUDIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10487.630 10499.914 10368.518 10379.015 -108.615
Prev. Close Volume Bid Ask Time
10487.630 10349.357 10408.672 2020-08-03 19:13:16
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