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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Strong Uptrend (+100) - USDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
16432.95 16442.00 16432.70 16434.00 +1.05
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term up The long-term trend has been UP since Nov 30th, 2023 at 15975.0

intermediate term up The intermediate-term trend has been UP since May 28th, 2024 at 16143.3

short term up The short-term trend has been UP since Jun 20th, 2024 at 16489.5

Smart Scan Analysis for USDIDR

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

+100
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16432.95 16442.00 16432.70 16434.00 +1.05
Prev. Close Volume Bid Ask Time
16432.95 2024-06-24 02:20:28
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