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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)

Strong Uptrend (+100) - CADIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
11928.628 12013.373 11851.705 11996.362 +67.734
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term up The long-term trend has been UP since Nov 30th, 2023 at 11653.923

intermediate term up The intermediate-term trend has been UP since May 27th, 2024 at 11815.093

short term up The short-term trend has been UP since Jun 13th, 2024 at 11874.160

Smart Scan Analysis for CADIDR

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

+100
Smart Scan Analysis for CADIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11928.628 12013.373 11851.705 11996.362 +67.734
Prev. Close Volume Bid Ask Time
11928.628 2024-06-14 17:02:18
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