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Forex Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

Australian Dollar/Indonesian Rupiah (FOREX:AUDIDR)

Long-Term Uptrend (+90) - AUDIDR is in a strong uptrend that is likely to continue. While AUDIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_AUDIDR
Open High Low AUDIDR Price Change
10470.436 10492.460 10464.450 10481.091 +10.655
Entry Signal

MarketClub’s Trade Triangles for AUDIDR

long term up The long-term trend has been UP since Jul 31st, 2020 at 10500.834

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2020 at 10500.834

short term up The short-term trend has been UP since Jul 28th, 2020 at 10387.936

Smart Scan Analysis for AUDIDR

Based on our trend formula, AUDIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10470.436 10492.460 10464.450 10481.091 +10.655
Prev. Close Volume Bid Ask Time
10470.436 10341.085 10621.097 2020-08-05 10:09:54
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