Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Indian Rupee/Indonesian Rupiah (FOREX:INRIDR)
Strong Uptrend (+100) - INRIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, INRIDR 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 INRIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INRIDR
The long-term trend has been UP since Aug 2nd, 2023 at 184.25921
The intermediate-term trend has been UP since Sep 27th, 2023 at 187.00351
The short-term trend has been UP since Sep 20th, 2023 at 185.06964
Smart Scan Analysis for INRIDR
Based on our trend formula, INRIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).