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Forex Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Bull Market Weakness (+75) - USDIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDIDR as it may be in the beginning stages of a reversal.

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
14886.000 14892.000 14718.077 14845.850 -40.150
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 13919.507

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2020 at 14489.500

short term up The short-term trend has been UP since Aug 13th, 2020 at 14887.500

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14886.000 14892.000 14718.077 14845.850 -40.150
Prev. Close Volume Bid Ask Time
14886.000 14845.800 14845.900 2020-08-13 06:53:55
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