Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)
Strong Uptrend (+100) - IDRJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IDRJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for IDRJPY
The long-term trend has been UP since Oct 7th, 2021 at 0.00783222
The intermediate-term trend has been UP since Oct 19th, 2021 at 0.00814105
The short-term trend has been UP since Oct 19th, 2021 at 0.00814105
Smart Scan Analysis for IDRJPY
Based on our trend formula, IDRJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).