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Forex Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Bear Market Rally (-75) - CADIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADIDR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CADIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADIDR
The long-term trend has been DOWN since Aug 2nd, 2024 at 11634.967
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 11212.183
The short-term trend has been UP since Dec 11th, 2024 at 11265.034
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11241.234 | 11267.023 | 11236.704 | 11267.023 | +25.789 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11241.234 | 2024-12-13 03:41:50 |