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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Crossroads (-60) - USDIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDIDR
Open High Low USDIDR Price Change
15862.35 15899.15 15815.80 15827.90 -34.45
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term down The long-term trend has been DOWN since Jul 22nd, 2024 at 15768.9

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 15508.7

short term up The short-term trend has been UP since Dec 9th, 2024 at 15892.0

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15862.35 15899.15 15815.80 15827.90 -34.45
Prev. Close Volume Bid Ask Time
15862.35 2024-12-09 11:15:09
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