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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Strong Downtrend (-100) - EURIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURIDR continues to fall. Traders should use caution and set stops.

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
15180.055 15180.055 15180.055 15180.055 0.000
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term down The long-term trend has been DOWN since Apr 6th, 2022 at 15644.000

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2022 at 15336.621

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 15565.000

Smart Scan Analysis for EURIDR

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

-100
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15180.055 15180.055 15180.055 15180.055 0.000
Prev. Close Volume Bid Ask Time
15180.055 15102.670 15257.440 2022-08-10 01:30:17
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