Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)
Weak Downtrend (-65) - IDRAUD is showing signs of a strengthening downtrend. Monitor IDRAUD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for IDRAUD
The long-term trend has been DOWN since Jul 22nd, 2020 at 0.00953157
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00009470
The short-term trend has been UP since Oct 18th, 2021 at 0.00009586
Smart Scan Analysis for IDRAUD
Based on our trend formula, IDRAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).