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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Strong Downtrend (-100) - IDRSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.00009377 0.00009377 0.00009345 0.00009351 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long-term trend has been DOWN since Aug 12th, 2020 at 0.00929487

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00009395

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.00009465

Smart Scan Analysis for IDRSGD

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

-100
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00009377 0.00009377 0.00009345 0.00009351 0.00000000
Prev. Close Volume Bid Ask Time
0.00009377 2021-02-26 05:35:45
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