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.
MarketClub’s Trade Triangles for CADIDR
The long-term trend has been DOWN since Sep 13th, 2019 at 10528.600
The intermediate-term trend has been DOWN since Jan 10th, 2020 at 10549.888
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).