Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Indonesian Rupiah/US Dollar (FOREX:IDRUSD)
Strong Uptrend (+100) - IDRUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IDRUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for IDRUSD
The long-term trend has been UP since Jan 12th, 2023 at 0.00006604
The intermediate-term trend has been UP since Mar 22nd, 2023 at 0.00006576
The short-term trend has been UP since Mar 16th, 2023 at 0.00006519
Smart Scan Analysis for IDRUSD
Based on our trend formula, IDRUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).