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Forex Trend Analysis Report

Prepared for you on Saturday, November 23, 2024.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Long-Term Uptrend (+90) - IDREUR is in a strong uptrend that is likely to continue. While IDREUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00006003 0.00006071 0.00005999 0.00006023 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 up The short-term trend has been UP since Nov 21st, 2024 at 0.00005993

Smart Scan Analysis for IDREUR

Based on our trend formula, IDREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006003 0.00006071 0.00005999 0.00006023 0.00000000
Prev. Close Volume Bid Ask Time
0.00006003 2024-11-22 17:06:01
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