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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Chinese Yuan Renminbi/Indonesian Rupiah (FOREX:CNYIDR)

Weak Downtrend (-65) - CNYIDR is showing signs of a strengthening downtrend. Monitor CNYIDR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CNYIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CNYIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CNYIDR
Open High Low CNYIDR Price Change
2053.2468 2053.2468 2053.2468 2053.2468 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYIDR

long term up The long-term trend has been UP since Mar 6th, 2020 at 2059.6944

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2020 at 2216.5204

short term down The short-term trend has been DOWN since May 8th, 2020 at 2110.0452

Smart Scan Analysis for CNYIDR

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

-70
Smart Scan Analysis for CNYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2053.2468 2053.2468 2053.2468 2053.2468 0.0000
Prev. Close Volume Bid Ask Time
2053.2468 2041.2543 2065.2393 2020-05-30 08:38:18
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