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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.

FOREX_GBPIDR
Open High Low GBPIDR Price Change
18209.992 18294.169 18196.718 18225.844 +15.852
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long-term trend has been UP since Mar 9th, 2020 at 18862.151

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2020 at 19185.453

short term up 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).

+65
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18209.992 18294.169 18196.718 18225.844 +15.852
Prev. Close Volume Bid Ask Time
18209.992 17967.496 18484.191 2020-06-02 04:50:43
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