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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Strong Downtrend (-100) - GBPIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPIDR continues to fall. 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
17852.356 17886.325 17817.887 17830.954 -21.402
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term down The long-term trend has been DOWN since Sep 19th, 2021 at 19527.505

intermediate term down The intermediate-term trend has been DOWN since Aug 12th, 2022 at 17781.520

short term down The short-term trend has been DOWN since Aug 11th, 2022 at 17912.049

Smart Scan Analysis for GBPIDR

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

-100
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17852.356 17886.325 17817.887 17830.954 -21.402
Prev. Close Volume Bid Ask Time
17852.356 2022-08-15 03:09:08
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