Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)
Bull Market Weakness (+75) - IDRINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRINR
The long-term trend has been UP since Aug 5th, 2019 at 0.00496400
The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.00523185
The short-term trend has been UP since Feb 11th, 2020 at 0.00522962
Smart Scan Analysis for IDRINR
Based on our trend formula, IDRINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).