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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Strong Downtrend (-100) - IDREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDREUR continues to fall. Traders should use caution and set stops.

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
0.00006081 0.00006103 0.00006053 0.00006067 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term down The long-term trend has been DOWN since Nov 7th, 2022 at 0.00006374

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2023 at 0.00006117

short term down The short-term trend has been DOWN since Mar 15th, 2023 at 0.00006043

Smart Scan Analysis for IDREUR

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

-100
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006081 0.00006103 0.00006053 0.00006067 0.00000000
Prev. Close Volume Bid Ask Time
0.00006081 2023-03-21 19:57:30
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