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Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Indonesian Rupiah/Euro (FOREX:IDREUR)
Long-Term Downtrend (-90) - IDREUR is in a strong downtrend that is likely to continue. While IDREUR is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for IDREUR
The long-term trend has been DOWN since Oct 23rd, 2023 at 0.00005915
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.00005777
The short-term trend has been DOWN since Apr 16th, 2024 at 0.00005798
Smart Scan Analysis for IDREUR
Based on our trend formula, IDREUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00005796 | 0.00005822 | 0.00005761 | 0.00005771 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00005796 | 2024-04-17 20:04:28 |