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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)

Long-Term Uptrend (+90) - CADIDR is in a strong uptrend that is likely to continue. While CADIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
11273.680 11388.782 11273.680 11339.118 +65.438
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term up The long-term trend has been UP since Nov 3rd, 2021 at 11596.991

intermediate term up The intermediate-term trend has been UP since Dec 7th, 2021 at 11383.756

short term up The short-term trend has been UP since Dec 6th, 2021 at 11346.442

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
11273.680 11388.782 11273.680 11339.118 +65.438
Prev. Close Volume Bid Ask Time
11273.680 2021-12-07 22:56:08
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