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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
10346.950 10375.408 10340.596 10356.209 +9.259
Entry Signal

MarketClub’s Trade Triangles for AUDIDR

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 10506.249

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2024 at 10484.308

short term up The short-term trend has been UP since Nov 19th, 2024 at 10321.708

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
10346.950 10375.408 10340.596 10356.209 +9.259
Prev. Close Volume Bid Ask Time
10346.950 2024-11-20 03:49:38
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