Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Indonesian Rupiah/South African Rand (FOREX:IDRZAR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for IDRZAR
The long term trend has been DOWN since Dec 2nd, 2019 at 0.10326500
The intermediate term trend has been UP since Jan 7th, 2020 at 0.10409769
The short term trend has been DOWN since Jan 22nd, 2020 at 0.10559975
Smart Scan Analysis for IDRZAR
Based on a pre-defined weighted trend formula for chart analysis, IDRZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10578819 | 0.10591082 | 0.10535146 | 0.10564217 | -0.00014600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10578819 | 0.10560767 | 0.10567666 | 2020-01-22 08:43:17 |