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Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
British Pound/Indonesian Rupiah (FOREX:GBPIDR)
Sidelines Mode (+55) - GBPIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 11th, 2022 at 18253.872
The intermediate-term trend has been UP since Mar 7th, 2023 at 18532.191
The short-term trend has been DOWN since Mar 22nd, 2023 at 18630.811
Smart Scan Analysis for GBPIDR
Based on our trend formula, GBPIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18647.431 | 18790.260 | 18502.960 | 18543.468 | -103.963 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18647.431 | 2023-03-24 20:25:03 |