Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)
Strong Downtrend (-100) - IDRINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IDRINR?
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 DOWN since Feb 25th, 2021 at 0.00504828
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.00514185
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00508922
Smart Scan Analysis for IDRINR
Based on our trend formula, IDRINR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).