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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.

FOREX_IDRAUD
Open High Low IDRAUD Price Change
0.01087526 0.01090710 0.01086312 0.01090592 +0.00003100
Entry Signal

MarketClub’s Trade Triangles for IDRAUD

long term up The long-term trend has been UP since Jan 13th, 2020 at 0.01057723

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 0.01057723

short term down 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).

+85
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01087526 0.01090710 0.01086312 0.01090592 +0.00003100
Prev. Close Volume Bid Ask Time
0.01087526 0.01090261 0.01090923 2020-02-17 16:28:33
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