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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Indonesian Rupiah/South African Rand (FOREX:IDRZAR)

Weak Uptrend (+65) - IDRZAR is showing signs of weakening momentum to the upside. Monitor IDRZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IDRZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRZAR
Open High Low IDRZAR Price Change
0.11937235 0.12044313 0.11905773 0.11999372 +0.00062100
Entry Signal

MarketClub’s Trade Triangles for IDRZAR

long term up The long-term trend has been UP since Jan 27th, 2020 at 0.10872200

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2020 at 0.11660059

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.12355747

Smart Scan Analysis for IDRZAR

Based on our trend formula, IDRZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for IDRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11937235 0.12044313 0.11905773 0.11999372 +0.00062100
Prev. Close Volume Bid Ask Time
0.11937235 0.11993329 0.12005415 2020-05-25 14:12:18
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