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.
MarketClub’s Trade Triangles for IDREUR
The long-term trend has been DOWN since Nov 7th, 2022 at 0.00006374
The intermediate-term trend has been DOWN since Mar 6th, 2023 at 0.00006117
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).