Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Indonesian Rupiah/South African Rand (FOREX:IDRZAR)
Strong Uptrend (+100) - IDRZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IDRZAR 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 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.
MarketClub’s Trade Triangles for IDRZAR
The long-term trend has been UP since Feb 10th, 2023 at 0.00118110
The intermediate-term trend has been UP since Mar 15th, 2023 at 0.00121745
The short-term trend has been UP since Mar 27th, 2023 at 0.00120739
Smart Scan Analysis for IDRZAR
Based on our trend formula, IDRZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).