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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Crossroads (-60) - IDRUSD 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 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
0.00007120 0.00007132 0.00007073 0.00007082 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term down The long-term trend has been DOWN since Sep 11th, 2020 at 0.00670104

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 0.00006903

short term up The short-term trend has been UP since Dec 1st, 2020 at 0.00007139

Smart Scan Analysis for IDRUSD

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

-60
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00007120 0.00007132 0.00007073 0.00007082 0.00000000
Prev. Close Volume Bid Ask Time
0.00007120 2020-12-03 12:27:01
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