Forex Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
Canadian Dollar/Indonesian Rupiah (FOREX:CADIDR)
Weak Downtrend (-65) - CADIDR is showing signs of a strengthening downtrend. Monitor CADIDR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for CADIDR
The long-term trend has been DOWN since Dec 13th, 2021 at 11092.284
The intermediate-term trend has been UP since Jan 4th, 2022 at 11306.575
The short-term trend has been DOWN since Jan 21st, 2022 at 11431.784
Smart Scan Analysis for CADIDR
Based on our trend formula, CADIDR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).