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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Crossroads (+60) - IDRSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00964193 0.00964467 0.00963860 0.00964196 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 0.00963712

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2020 at 0.00925950

short term up The short-term trend has been UP since May 29th, 2020 at 0.00970867

Smart Scan Analysis for IDRSGD

Based on our trend formula, IDRSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00964193 0.00964467 0.00963860 0.00964196 0.00000000
Prev. Close Volume Bid Ask Time
0.00964193 0.00964143 0.00964248 2020-06-02 02:15:45
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