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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)
Countertrend Up (+85) - IDRJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IDRJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRJPY.
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 IDRJPY
The long-term trend has been UP since Oct 1st, 2024 at 0.01000559
The intermediate-term trend has been UP since Nov 13th, 2024 at 0.00983499
The short-term trend has been DOWN since Nov 15th, 2024 at 0.00974560
Smart Scan Analysis for IDRJPY
Based on our trend formula, IDRJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00977560 | 0.00980580 | 0.00977262 | 0.00978967 | +0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00977560 | 2024-11-20 03:47:17 |