Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)
Countertrend Up (+85) - IDRAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid
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.
MarketClub’s Trade Triangles for IDRAUD
The long-term trend has been UP since Jan 13th, 2020 at 0.01057723
The intermediate-term trend has been UP since Jan 13th, 2020 at 0.01057723
The short-term trend has been DOWN since Feb 11th, 2020 at 0.01084681
Smart Scan Analysis for IDRAUD
Based on our trend formula, IDRAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).