Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)
Bull Market Weakness (+75) - JPYIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYIDR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for JPYIDR
The long-term trend has been UP since Mar 6th, 2020 at 133.34907
The intermediate-term trend has been UP since Mar 6th, 2020 at 133.34907
The short-term trend has been DOWN since Apr 5th, 2020 at 150.21718
Smart Scan Analysis for JPYIDR
Based on our trend formula, JPYIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).