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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)
Long-Term Uptrend (+90) - JPYIDR is in a strong uptrend that is likely to continue. While JPYIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jul 24th, 2024 at 106.27590
The intermediate-term trend has been UP since Jul 17th, 2024 at 103.65615
The short-term trend has been UP since Jul 12th, 2024 at 102.08959
Smart Scan Analysis for JPYIDR
Based on our trend formula, JPYIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.94941 | 106.83310 | 105.22083 | 105.89054 | -0.05887 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.94941 | 2024-07-26 17:00:04 |