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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)

Countertrend Down (-85) - CADIDR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ?

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
10329.524 10342.878 10315.965 10318.388 -11.136
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term down The long-term trend has been DOWN since Sep 13th, 2019 at 10528.600

intermediate term down The intermediate-term trend has been DOWN since Jan 10th, 2020 at 10549.888

short term up The short-term trend has been UP since Feb 13th, 2020 at 10342.802

Smart Scan Analysis for CADIDR

Based on our trend formula, CADIDR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CADIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10329.524 10342.878 10315.965 10318.388 -11.136
Prev. Close Volume Bid Ask Time
10329.524 10314.901 10321.874 2020-02-17 16:24:21
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