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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Long-Term Downtrend (-90) - IDRUSD is in a strong downtrend that is likely to continue. While IDRUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00006959 0.00006990 0.00006957 0.00006988 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term down The long-term trend has been DOWN since Feb 16th, 2021 at 0.00006811

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00007069

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 0.00006970

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
0.00006959 0.00006990 0.00006957 0.00006988 0.00000000
Prev. Close Volume Bid Ask Time
0.00006959 2021-03-09 06:28:15
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