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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Indonesian Rupiah/Malaysian Ringt (FOREX:IDRMYR)

Countertrend Down (-85) - IDRMYR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid IDRMYR?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRMYR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRMYR
Open High Low IDRMYR Price Change
0.00026104 0.00026104 0.00025942 0.00025942 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for IDRMYR

long term down The long-term trend has been DOWN since Feb 27th, 2025 at 0.00026944

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2025 at 0.00027474

short term up The short-term trend has been UP since May 5th, 2025 at 0.00026103

Smart Scan Analysis for IDRMYR

Based on our trend formula, IDRMYR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDRMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00026104 0.00026104 0.00025942 0.00025942 -0.00000200
Prev. Close Volume Bid Ask Time
0.00026104 2025-05-09 05:19:42
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