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Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)
Sidelines Mode (+55) - IDRSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for IDRSGD
The long-term trend has been UP since Oct 4th, 2021 at 0.00009522
The intermediate-term trend has been UP since Nov 18th, 2021 at 0.00009557
The short-term trend has been DOWN since Dec 2nd, 2021 at 0.00009491
Smart Scan Analysis for IDRSGD
Based on our trend formula, IDRSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00009450 | 0.00009527 | 0.00009435 | 0.00009517 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00009450 | 2021-12-07 23:48:10 |