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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Bear Market Rally (-75) - IDRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRUSD as it may be in the beginning of a reversal.

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
0.00006177 0.00006178 0.00006159 0.00006174 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 0.00006209

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

short term up The short-term trend has been UP since Dec 23rd, 2024 at 0.00006207

Smart Scan Analysis for IDRUSD

Based on our trend formula, IDRUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006177 0.00006178 0.00006159 0.00006174 0.00000000
Prev. Close Volume Bid Ask Time
0.00006177 2024-12-26 07:15:34
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