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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Long-Term Uptrend (+90) - GBPIDR is in a strong uptrend that is likely to continue. While GBPIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
20156.756 20189.907 20049.345 20064.987 -91.769
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long-term trend has been UP since Nov 23rd, 2023 at 19609.111

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 19870.355

short term up The short-term trend has been UP since Apr 12th, 2024 at 20168.526

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
20156.756 20189.907 20049.345 20064.987 -91.769
Prev. Close Volume Bid Ask Time
20156.756 2024-04-12 17:05:22
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