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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Crossroads (-60) - CADIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CADIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CADIDR
The long-term trend has been UP since Nov 30th, 2023 at 11653.923
The intermediate-term trend has been DOWN since Jul 10th, 2024 at 11889.922
The short-term trend has been DOWN since Jul 25th, 2024 at 11749.361
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11794.151 | 11815.802 | 11752.090 | 11753.427 | -40.724 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11794.151 | 2024-07-26 17:00:04 |