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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Bull Market Weakness (+75) - IDRAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRAUD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IDRAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRAUD
Open High Low IDRAUD Price Change
0.00009524 0.00009594 0.00009518 0.00009588 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRAUD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.00009506

intermediate term down The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.00009467

short term up The short-term trend has been UP since Oct 8th, 2024 at 0.00009484

Smart Scan Analysis for IDRAUD

Based on our trend formula, IDRAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00009524 0.00009594 0.00009518 0.00009588 +0.00000100
Prev. Close Volume Bid Ask Time
0.00009524 2024-10-15 17:48:29
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