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Forex Trend Analysis Report

Prepared for you on Sunday, May 26, 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
0.00979308 0.00979308 0.00978330 0.00978617 -0.00000700
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 down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 0.00942303

short term up The short-term trend has been UP since May 17th, 2024 at 0.00978911

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
0.00979308 0.00979308 0.00978330 0.00978617 -0.00000700
Prev. Close Volume Bid Ask Time
0.00979308 2024-05-26 16:55:50
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