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Forex Trend Analysis Report

Prepared for you on Sunday, December 22, 2024.

Indonesian Rupiah/British Pound (FOREX:IDRGBP)

Bear Market Rally (-75) - IDRGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRGBP as it may be in the beginning of a reversal.

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
0.00004914 0.00004952 0.00004897 0.00004918 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 0.00004842

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.00004935

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.00004942

Smart Scan Analysis for IDRGBP

Based on our trend formula, IDRGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00004914 0.00004952 0.00004897 0.00004918 0.00000000
Prev. Close Volume Bid Ask Time
0.00004914 2024-12-20 17:05:20
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