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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
British Pound/Indonesian Rupiah (FOREX:GBPIDR)
Long-Term Downtrend (-90) - GBPIDR is in a strong downtrend that is likely to continue. While GBPIDR is showing intraday strength, it remains in the confines of a bearish trend. 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, 2024 at 19988.301
The intermediate-term trend has been DOWN since Aug 1st, 2024 at 20745.745
The short-term trend has been DOWN since Sep 18th, 2024 at 20174.833
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20065.333 | 20171.713 | 20059.145 | 20150.053 | +84.720 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20065.333 | 2024-09-20 03:11:01 |