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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Indonesian Rupiah/Chinese Yuan Renminbi (FOREX:IDRCNY)
Long-Term Downtrend (-90) - IDRCNY is in a strong downtrend that is likely to continue. While IDRCNY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IDRCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCNY.
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 IDRCNY
The long-term trend has been DOWN since Jan 29th, 2025 at 0.00044441
The intermediate-term trend has been DOWN since Jan 29th, 2025 at 0.00044457
The short-term trend has been DOWN since Feb 17th, 2025 at 0.00044600
Smart Scan Analysis for IDRCNY
Based on our trend formula, IDRCNY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00044479 | 0.00044479 | 0.00044479 | 0.00044479 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00044479 | 2025-02-22 03:14:55 |