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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indonesian Rupiah/Chinese Yuan Renminbi Offshore (FOREX:IDRCNH)
Weak Downtrend (-65) - IDRCNH is showing signs of a strengthening downtrend. Monitor IDRCNH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid IDRCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCNH.
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 IDRCNH
The long-term trend has been UP since Jul 22nd, 2024 at 0.00045883
The intermediate-term trend has been DOWN since Jul 25th, 2024 at 0.00044536
The short-term trend has been DOWN since Jul 24th, 2024 at 0.00044678
Smart Scan Analysis for IDRCNH
Based on our trend formula, IDRCNH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for IDRCNH](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00044512 | 0.00044657 | 0.00044474 | 0.00044619 | +0.00000100 |
Prev. Close | Volume | Bid | Ask | Time |
0.00044512 | 2024-07-26 17:00:03 |