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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
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.
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MarketClub’s Trade Triangles for IDRJPY
The long-term trend has been UP since Apr 10th, 2022 at 0.00868050
The intermediate-term trend has been UP since Aug 3rd, 2022 at 0.00932363
The short-term trend has been UP since Aug 12th, 2022 at 0.00911631
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00900539 | 0.00903660 | 0.00900443 | 0.00903657 | +0.00003100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00900539 | 2022-08-16 05:57:05 |