Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
Indonesian Rupiah/Euro (FOREX:IDREUR)
Bear Market Rally (-75) - IDREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDREUR as it may be in the beginning 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.
MarketClub’s Trade Triangles for IDREUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.00630169
The intermediate-term trend has been DOWN since Mar 6th, 2020 at 0.00630169
The short-term trend has been UP since Apr 3rd, 2020 at 0.00560538
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).