Forex Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)
Sidelines Mode (-55) - IDRAUD 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 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 UP since Aug 24th, 2023 at 0.00020350
The intermediate-term trend has been DOWN since Sep 14th, 2023 at 0.00010069
The short-term trend has been UP since Sep 21st, 2023 at 0.00010134
Smart Scan Analysis for IDRAUD
Based on our trend formula, IDRAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).