Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for JPYIDR
The long-term trend has been DOWN since Sep 6th, 2021 at 129.01499
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 129.76913
The short-term trend has been DOWN since Sep 30th, 2021 at 127.72384
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).