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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.
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MarketClub’s Trade Triangles for GBPIDR
The long-term trend has been DOWN since Sep 19th, 2021 at 19527.505
The intermediate-term trend has been DOWN since Aug 12th, 2022 at 17781.520
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).
| 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 |