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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)
Strong Downtrend (-100) - JPYIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYIDR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid JPYIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for JPYIDR
The long-term trend has been DOWN since Nov 6th, 2024 at 102.05813
The intermediate-term trend has been DOWN since Sep 20th, 2024 at 105.55537
The short-term trend has been DOWN since Nov 20th, 2024 at 102.08606
Smart Scan Analysis for JPYIDR
Based on our trend formula, JPYIDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 102.26239 | 102.31202 | 101.90334 | 102.02174 | -0.24065 |
| Prev. Close | Volume | Bid | Ask | Time |
| 102.26239 | 2024-11-20 03:45:00 |