Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)
Sidelines Mode (+55) - AUDIDR 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 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 Nov 28th, 2021 at 10177.377
The intermediate-term trend has been UP since Dec 30th, 2021 at 10369.936
The short-term trend has been DOWN since Jan 16th, 2022 at 10303.165
Smart Scan Analysis for AUDIDR
Based on our trend formula, AUDIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).