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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

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, SHORTSYMBOL 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
0.00005909 0.00005913 0.00005909 0.00005913 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term down The long-term trend has been DOWN since Aug 6th, 2020 at 0.00578113

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2020 at 0.00005924

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 0.00005937

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
0.00005909 0.00005913 0.00005909 0.00005913 0.00000000
Prev. Close Volume Bid Ask Time
0.00005909 2020-12-01 12:54:51
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