Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
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.
MarketClub’s Trade Triangles for AUDIDR
The long-term trend has been DOWN since Sep 29th, 2021 at 10271.455
The intermediate-term trend has been UP since Oct 19th, 2021 at 10514.178
The short-term trend has been UP since Oct 18th, 2021 at 10476.394
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).