Forex Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)
Strong Uptrend (+100) - AUDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Feb 16th, 2021 at 11136.096
The intermediate-term trend has been UP since Mar 18th, 2021 at 11249.241
The short-term trend has been UP since Apr 14th, 2021 at 11172.544
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).