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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Sidelines Mode (-50) - USDIDR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDIDR can gain 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
16190.50 16237.85 16124.25 16124.25 -66.25
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term up The long-term trend has been UP since Dec 12th, 2024 at 16011.65

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 15794.00

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 16112.95

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16190.50 16237.85 16124.25 16124.25 -66.25
Prev. Close Volume Bid Ask Time
16190.50 2024-12-26 17:53:46
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