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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)

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

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
10393.091 10457.238 10387.933 10401.976 +8.885
Entry Signal

MarketClub’s Trade Triangles for AUDIDR

long term up The long-term trend has been UP since Nov 1st, 2023 at 10148.981

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 10294.843

short term up The short-term trend has been UP since Apr 16th, 2024 at 10507.879

Smart Scan Analysis for AUDIDR

Based on our trend formula, AUDIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10393.091 10457.238 10387.933 10401.976 +8.885
Prev. Close Volume Bid Ask Time
10393.091 2024-04-19 18:12:15
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