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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Bull Market Weakness (+75) - IDRSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRSGD as it may be in the beginning stages of a reversal.

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
0.00008828 0.00008874 0.00008812 0.00008871 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long-term trend has been DOWN since Oct 10th, 2022 at 0.00008669

intermediate term up The intermediate-term trend has been UP since Mar 30th, 2023 at 0.00008845

short term up The short-term trend has been UP since Mar 27th, 2023 at 0.00008820

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
0.00008828 0.00008874 0.00008812 0.00008871 0.00000000
Prev. Close Volume Bid Ask Time
0.00008828 2023-03-30 17:49:38
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