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Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Long-Term Downtrend (-90) - CADIDR is in a strong downtrend that is likely to continue. While CADIDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Feb 5th, 2023 at 11128.802
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 11155.521
The short-term trend has been DOWN since Mar 17th, 2023 at 11178.263
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11056.523 | 11086.134 | 11006.882 | 11081.723 | +25.200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11056.523 | 2023-03-28 20:33:27 |