Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)
Bear Market Rally (-75) - IDRINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRINR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for IDRINR
The long-term trend has been DOWN since Jul 3rd, 2023 at 0.00543799
The intermediate-term trend has been UP since Mar 8th, 2024 at 0.00535190
The short-term trend has been DOWN since Mar 27th, 2024 at 0.00527015
Smart Scan Analysis for IDRINR
Based on our trend formula, IDRINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00525135 | 0.00525804 | 0.00524814 | 0.00525192 | +0.00000100 |
Prev. Close | Volume | Bid | Ask | Time |
0.00525135 | 2024-03-28 11:14:45 |