Free Daily Analysis

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.

FOREX_CADIDR
Open High Low CADIDR Price Change
11056.523 11086.134 11006.882 11081.723 +25.200
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term down The long-term trend has been DOWN since Feb 5th, 2023 at 11128.802

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 11155.521

short term down 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).

-90
Smart Scan Analysis for CADIDR
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Canadian Dollar/Indonesian Rupiah (CADIDR) - Request Your Free Report.