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Forex Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Sidelines Mode (+55) - GBPIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
18647.431 18790.260 18502.960 18543.468 -103.963
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long-term trend has been UP since Nov 11th, 2022 at 18253.872

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2023 at 18532.191

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 18630.811

Smart Scan Analysis for GBPIDR

Based on our trend formula, GBPIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18647.431 18790.260 18502.960 18543.468 -103.963
Prev. Close Volume Bid Ask Time
18647.431 2023-03-24 20:25:03
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