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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPIDR
Open High Low GBPIDR Price Change
17834.961 17841.295 17830.561 17832.814 -2.147
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term down The long term trend has been DOWN since Jan 27th, 2020 at 17271.650

intermediate term down The intermediate term trend has been DOWN since Dec 22nd, 2019 at 18135.778

short term up The short term trend has been UP since Feb 11th, 2020 at 17760.898

Smart Scan Analysis for GBPIDR

Based on a pre-defined weighted trend formula for chart analysis, GBPIDR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17834.961 17841.295 17830.561 17832.814 -2.147
Prev. Close Volume Bid Ask Time
17834.961 17556.054 18109.574 2020-02-17 01:37:48
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