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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Weak Downtrend (-65) - IDRJPY is showing signs of a strengthening downtrend. Monitor IDRJPY as it may be building momentum to the downside.

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.

FOREX_IDRJPY
Open High Low IDRJPY Price Change
0.00952638 0.00955177 0.00942910 0.00944008 -0.00008600
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00498666

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 0.00967126

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.00950684

Smart Scan Analysis for IDRJPY

Based on our trend formula, IDRJPY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00952638 0.00955177 0.00942910 0.00944008 -0.00008600
Prev. Close Volume Bid Ask Time
0.00952638 2024-03-28 20:36:19
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