Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
British Pound/Indonesian Rupiah (FOREX:GBPIDR)
Weak Uptrend (+65) - GBPIDR is showing signs of weakening momentum to the upside. Monitor GBPIDR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPIDR
The long-term trend has been UP since Mar 9th, 2020 at 18862.151
The intermediate-term trend has been DOWN since Apr 20th, 2020 at 19185.453
The short-term trend has been UP since Jun 1st, 2020 at 18167.641
Smart Scan Analysis for GBPIDR
Based on our trend formula, GBPIDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).