Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Indonesian Rupiah/British Pound (FOREX:IDRGBP)
Weak Downtrend (-65) - IDRGBP is showing signs of a strengthening downtrend. Monitor IDRGBP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for IDRGBP
The long-term trend has been DOWN since Nov 11th, 2022 at 0.00005478
The intermediate-term trend has been DOWN since Mar 7th, 2023 at 0.00005395
The short-term trend has been DOWN since Mar 29th, 2023 at 0.00005370
Smart Scan Analysis for IDRGBP
Based on our trend formula, IDRGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).