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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Indonesian Rupiah/South African Rand (FOREX:IDRZAR)

Weak Downtrend (-65) - IDRZAR is showing signs of a strengthening downtrend. Monitor IDRZAR as it may be building momentum to the downside.

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
0.00117348 0.00118082 0.00115164 0.00115599 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for IDRZAR

long term up The long-term trend has been UP since Apr 16th, 2024 at 0.00124233

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2024 at 0.00115808

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.00117350

Smart Scan Analysis for IDRZAR

Based on our trend formula, IDRZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00117348 0.00118082 0.00115164 0.00115599 -0.00001700
Prev. Close Volume Bid Ask Time
0.00117348 2024-04-26 15:43:30
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