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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Sidelines Mode (+50) - CADIDR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CADIDR can gain momentum.
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 DOWN since Aug 2nd, 2024 at 11634.967
The intermediate-term trend has been UP since Dec 19th, 2024 at 11444.527
The short-term trend has been UP since Dec 19th, 2024 at 11316.127
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11303.795 | 11314.146 | 11220.708 | 11256.347 | -47.448 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11303.795 | 2024-12-20 17:05:20 |