Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)
Strong Downtrend (-100) - AUDIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDIDR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AUDIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDIDR
The long-term trend has been DOWN since Oct 10th, 2022 at 9715.786
The intermediate-term trend has been DOWN since Jan 18th, 2023 at 10432.640
The short-term trend has been DOWN since Mar 21st, 2023 at 10247.960
Smart Scan Analysis for AUDIDR
Based on our trend formula, AUDIDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).