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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)
Strong Downtrend (-100) - IDRCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRCAD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IDRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDRCAD
The long-term trend has been DOWN since Nov 8th, 2024 at 0.00008451
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.00008753
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00008813
Smart Scan Analysis for IDRCAD
Based on our trend formula, IDRCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00008800 | 0.00008801 | 0.00008784 | 0.00008785 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00008800 | 2024-11-20 03:46:15 |