Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Countertrend Up (+85) - EURIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
17990.041 17990.041 17990.041 17990.041 0.000
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term up The long-term trend has been UP since Mar 6th, 2020 at 15872.102

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2020 at 15872.102

short term up The short-term trend has been UP since Mar 6th, 2020 at 15872.102

Smart Scan Analysis for EURIDR

Based on our trend formula, EURIDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17990.041 17990.041 17990.041 17990.041 0.000
Prev. Close Volume Bid Ask Time
17990.041 17760.041 18220.041 2020-04-02 07:19:25
Get a free daily analysis and signals for Euro/Indonesian Rupiah (EURIDR) - Request Your Free Report.