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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Long-Term Downtrend (-90) - GBPIDR is in a strong downtrend that is likely to continue. While GBPIDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
20302.077 20339.493 20261.174 20282.989 -19.088
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 19863.968

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 20018.066

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 20145.963

Smart Scan Analysis for GBPIDR

Based on our trend formula, GBPIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20302.077 20339.493 20261.174 20282.989 -19.088
Prev. Close Volume Bid Ask Time
20302.077 2024-12-26 12:30:18
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