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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Countertrend Up (+85) - GBPIDR 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 GBPIDR?

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

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

FOREX_GBPIDR
Open High Low GBPIDR Price Change
19770.497 19906.305 19733.685 19883.150 +112.653
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long-term trend has been UP since Jan 27th, 2021 at 19358.096

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2021 at 19358.096

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 19789.807

Smart Scan Analysis for GBPIDR

Based on our trend formula, GBPIDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19770.497 19906.305 19733.685 19883.150 +112.653
Prev. Close Volume Bid Ask Time
19770.497 2021-02-26 11:28:29
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