Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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.

FOREX_JPYIDR
Open High Low JPYIDR Price Change
134.15004 134.48130 133.45222 133.54617 -0.60387
Entry Signal

MarketClub’s Trade Triangles for JPYIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 140.15505

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 136.09420

short term up The short-term trend has been UP since Feb 26th, 2021 at 134.11122

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).

+90
Smart Scan Analysis for JPYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.15004 134.48130 133.45222 133.54617 -0.60387
Prev. Close Volume Bid Ask Time
134.15004 2021-03-01 13:38:10
Get a free daily analysis and signals for Japanese Yen/Indonesian Rupiah (JPYIDR) - Request Your Free Report.