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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Bear Market Rally (-75) - EURIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURIDR as it may be in the beginning of a reversal.

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.

Open High Low EURIDR Price Change
16430 16430 16430 16430 0
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 16561.137

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 16874.641

short term up The short-term trend has been UP since Oct 19th, 2021 at 16345.200

Smart Scan Analysis for EURIDR

Based on our trend formula, EURIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16430 16430 16430 16430 0
Prev. Close Volume Bid Ask Time
16430 2021-10-22 14:30:54
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