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Forex Trend Analysis Report

Prepared for you on Monday, November 4, 2024.

Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)

Bull Market Weakness (+75) - CADIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADIDR as it may be in the beginning stages of a reversal.

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.

FOREX_CADIDR
Open High Low CADIDR Price Change
11326.772 11344.113 11312.443 11329.277 +2.505
Entry Signal

MarketClub’s Trade Triangles for CADIDR

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 11634.967

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 11442.774

short term up The short-term trend has been UP since Nov 1st, 2024 at 11369.204

Smart Scan Analysis for CADIDR

Based on our trend formula, CADIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11326.772 11344.113 11312.443 11329.277 +2.505
Prev. Close Volume Bid Ask Time
11326.772 2024-11-04 05:11:25
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