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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Long-Term Uptrend (+90) - IDRUSD is in a strong uptrend that is likely to continue. While IDRUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00007075 0.00007082 0.00007065 0.00007068 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term up The long-term trend has been UP since Sep 6th, 2021 at 0.00007062

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 0.00007050

short term up The short-term trend has been UP since Oct 4th, 2021 at 0.00007012

Smart Scan Analysis for IDRUSD

Based on our trend formula, IDRUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00007075 0.00007082 0.00007065 0.00007068 0.00000000
Prev. Close Volume Bid Ask Time
0.00007075 2021-10-21 08:35:22
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