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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.

FOREX_IDRINR
Open High Low IDRINR Price Change
0.00511436 0.00514506 0.00510419 0.00512120 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term down The long-term trend has been DOWN since Feb 25th, 2021 at 0.00504828

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.00514185

short term down 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).

-100
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00511436 0.00514506 0.00510419 0.00512120 +0.00000700
Prev. Close Volume Bid Ask Time
0.00511436 2021-02-26 05:07:16
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