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Forex Trend Analysis Report

Prepared for you on Monday, November 23, 2020.

Indonesian Rupiah/British Pound (FOREX:IDRGBP)

Weak Uptrend (+65) - IDRGBP is showing signs of weakening momentum to the upside. Monitor IDRGBP as it may be in the beginning stages 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
0.00005297 0.00005308 0.00005248 0.00005282 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term up The long-term trend has been UP since Nov 3rd, 2020 at 0.00005309

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 0.00005309

short term down The short-term trend has been DOWN since Nov 18th, 2020 at 0.00005337

Smart Scan Analysis for IDRGBP

Based on our trend formula, IDRGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for IDRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005297 0.00005308 0.00005248 0.00005282 0.00000000
Prev. Close Volume Bid Ask Time
0.00005297 2020-11-23 10:55:19
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