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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Weak Downtrend (-65) - IDRUSD is showing signs of a strengthening downtrend. Monitor IDRUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid IDRUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRUSD
Open High Low IDRUSD Price Change
0.00006389 0.00006413 0.00006351 0.00006372 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term up The long-term trend has been UP since Aug 13th, 2024 at 0.00006374

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.00006448

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 0.00006430

Smart Scan Analysis for IDRUSD

Based on our trend formula, IDRUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006389 0.00006413 0.00006351 0.00006372 0.00000000
Prev. Close Volume Bid Ask Time
0.00006389 2024-10-25 17:06:17
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