Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
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.
MarketClub’s Trade Triangles for AUDIDR
The long-term trend has been UP since Feb 16th, 2021 at 11136.096
The intermediate-term trend has been UP since Feb 16th, 2021 at 10907.862
The short-term trend has been UP since Mar 2nd, 2021 at 11117.084
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).