Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)
Long-Term Uptrend (+90) - IDRJPY is in a strong uptrend that is likely to continue. While IDRJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Dec 19th, 2024 at 0.00966049
Smart Scan Analysis for IDRJPY
Based on our trend formula, IDRJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00968151 | 0.00968151 | 0.00968151 | 0.00968151 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00968151 | 2024-12-21 07:08:40 |