Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Strong Uptrend (+100) - CADIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for CADIDR
The long-term trend has been UP since Feb 16th, 2021 at 11189.623
The intermediate-term trend has been UP since Feb 16th, 2021 at 11082.208
The short-term trend has been UP since Feb 11th, 2021 at 11026.484
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).