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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.

FOREX_IDRINR
Open High Low IDRINR Price Change
0.00522027 0.00523620 0.00520873 0.00521195 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term up The long-term trend has been UP since Aug 5th, 2019 at 0.00496400

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.00523185

short term up 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).

+70
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00522027 0.00523620 0.00520873 0.00521195 -0.00000800
Prev. Close Volume Bid Ask Time
0.00522027 0.00521122 0.00521268 2020-02-17 16:16:34
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