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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Weak Downtrend (-65) - EURIDR is showing signs of a strengthening downtrend. Monitor EURIDR as it may be building momentum to the downside.

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

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

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

FOREX_EURIDR
Open High Low EURIDR Price Change
16799.226 16845.000 16799.226 16845.000 +45.774
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 17070.885

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2020 at 17190.000

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 16801.714

Smart Scan Analysis for EURIDR

Based on our trend formula, EURIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16799.226 16845.000 16799.226 16845.000 +45.774
Prev. Close Volume Bid Ask Time
16799.226 2020-11-27 13:13:03
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