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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Indonesian Rupiah/Euro (FOREX:IDREUR)

Sidelines Mode (-55) - IDREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00005808 0.00005835 0.00005798 0.00005831 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 Feb 26th, 2024 at 0.00005894

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.00005822

Smart Scan Analysis for IDREUR

Based on our trend formula, IDREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005808 0.00005835 0.00005798 0.00005831 0.00000000
Prev. Close Volume Bid Ask Time
0.00005808 2024-04-12 17:05:22
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