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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Indonesian Rupiah/British Pound (FOREX:IDRGBP)
Long-Term Downtrend (-90) - IDRGBP is in a strong downtrend that is likely to continue. While IDRGBP 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 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.
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MarketClub’s Trade Triangles for IDRGBP
The long-term trend has been DOWN since Nov 23rd, 2023 at 0.00005100
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00005033
The short-term trend has been DOWN since Apr 25th, 2024 at 0.00004935
Smart Scan Analysis for IDRGBP
Based on our trend formula, IDRGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00004951 | 0.00004978 | 0.00004932 | 0.00004942 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00004951 | 2024-04-25 11:35:58 |