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Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

Chinese Yuan Renminbi/Indonesian Rupiah (FOREX:CNYIDR)

Sidelines Mode (+55) - CNYIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2241.5945 2242.7785 2238.1584 2239.9722 -1.6223
Entry Signal

MarketClub’s Trade Triangles for CNYIDR

long term up The long-term trend has been UP since Jan 31st, 2025 at 2282.4085

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2025 at 2266.5621

short term down The short-term trend has been DOWN since Feb 4th, 2025 at 2242.2050

Smart Scan Analysis for CNYIDR

Based on our trend formula, CNYIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CNYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2241.5945 2242.7785 2238.1584 2239.9722 -1.6223
Prev. Close Volume Bid Ask Time
2241.5945 2025-02-05 02:40:37
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