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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Chinese Yuan Renminbi/Indonesian Rupiah (FOREX:CNYIDR)

Weak Uptrend (+65) - CNYIDR is showing signs of weakening momentum to the upside. Monitor CNYIDR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CNYIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYIDR
Open High Low CNYIDR Price Change
2218.2341 2223.8949 2202.7465 2202.7465 -15.4876
Entry Signal

MarketClub’s Trade Triangles for CNYIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 2196.6030

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 2152.0184

short term up The short-term trend has been UP since Mar 5th, 2021 at 2218.2341

Smart Scan Analysis for CNYIDR

Based on our trend formula, CNYIDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CNYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2218.2341 2223.8949 2202.7465 2202.7465 -15.4876
Prev. Close Volume Bid Ask Time
2218.2341 2021-03-05 08:12:50
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