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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Indonesian Rupiah/British Pound (FOREX:IDRGBP)

Sidelines Mode (+50) - IDRGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IDRGBP can gain momentum.

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
0.00005124 0.00005148 0.00005112 0.00005117 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term down The long-term trend has been DOWN since Nov 23rd, 2023 at 0.00005100

intermediate term up The intermediate-term trend has been UP since Nov 27th, 2023 at 0.00005292

short term up The short-term trend has been UP since Dec 5th, 2023 at 0.00005119

Smart Scan Analysis for IDRGBP

Based on our trend formula, IDRGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for IDRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005124 0.00005148 0.00005112 0.00005117 0.00000000
Prev. Close Volume Bid Ask Time
0.00005124 2023-12-08 17:07:12
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