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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)
Sidelines Mode (+50) - IDRSGD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IDRSGD can gain momentum.
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.
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MarketClub’s Trade Triangles for IDRSGD
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00004574
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00008528
The short-term trend has been UP since Apr 23rd, 2024 at 0.00008405
Smart Scan Analysis for IDRSGD
Based on our trend formula, IDRSGD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00008426 | 0.00008438 | 0.00008389 | 0.00008437 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00008426 | 2024-04-24 21:40:48 |