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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Sidelines Mode (+55) - USDIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open High Low USDIDR Price Change
14765.0 14795.5 14742.5 14765.5 +0.5
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term up The long-term trend has been UP since Dec 3rd, 2021 at 14455.00

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 14931.25

short term up The short-term trend has been UP since Aug 16th, 2022 at 14792.00

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14765.0 14795.5 14742.5 14765.5 +0.5
Prev. Close Volume Bid Ask Time
14765.0 2022-08-16 20:54:11
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