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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Indonesian Rupiah/British Pound (FOREX:IDRGBP)

Countertrend Down (-85) - IDRGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid IDRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRGBP
Open High Low IDRGBP Price Change
0.00005019 0.00005058 0.00005012 0.00005022 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term down The long-term trend has been DOWN since Dec 31st, 2020 at 0.00005170

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 0.00005213

short term up The short-term trend has been UP since Mar 4th, 2021 at 0.00005041

Smart Scan Analysis for IDRGBP

Based on our trend formula, IDRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005019 0.00005058 0.00005012 0.00005022 0.00000000
Prev. Close Volume Bid Ask Time
0.00005019 2021-03-05 08:27:05
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