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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Bull Market Weakness (+75) - IDREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDREUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IDREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDREUR
Open High Low IDREUR Price Change
0.00005904 0.00005917 0.00005876 0.00005902 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term up The long-term trend has been UP since Aug 20th, 2024 at 0.00005840

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2024 at 0.00005951

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 0.00005929

Smart Scan Analysis for IDREUR

Based on our trend formula, IDREUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005904 0.00005917 0.00005876 0.00005902 0.00000000
Prev. Close Volume Bid Ask Time
0.00005904 2024-10-25 17:06:17
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