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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Bull Market Weakness (+75) - CADIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADIDR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for CADIDR
The long-term trend has been DOWN since Aug 2nd, 2024 at 11634.967
The intermediate-term trend has been UP since Oct 3rd, 2024 at 11442.774
The short-term trend has been UP since Nov 19th, 2024 at 11365.827
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11356.332 | 11379.167 | 11355.607 | 11368.673 | +12.341 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11356.332 | 2024-11-20 03:40:59 |