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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

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
0.00005662 0.00005664 0.00005659 0.00005661 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term down The long-term trend has been DOWN since Oct 23rd, 2023 at 0.00005915

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 0.00005653

short term down The short-term trend has been DOWN since Jul 14th, 2024 at 0.00005683

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
0.00005662 0.00005664 0.00005659 0.00005661 0.00000000
Prev. Close Volume Bid Ask Time
0.00005662 2024-07-22 00:48:10
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