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Forex Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Weak Downtrend (-65) - IDRSGD is showing signs of a strengthening downtrend. Monitor IDRSGD as it may be building momentum to the downside.

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

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

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

FOREX_IDRSGD
Open High Low IDRSGD Price Change
0.00008334 0.00008367 0.00008278 0.00008280 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term up The long-term trend has been UP since Aug 20th, 2024 at 0.00008476

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.00008400

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 0.00008420

Smart Scan Analysis for IDRSGD

Based on our trend formula, IDRSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00008334 0.00008367 0.00008278 0.00008280 -0.00000100
Prev. Close Volume Bid Ask Time
0.00008334 2024-10-07 08:06:30
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