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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

Chinese Yuan Renminbi/Indonesian Rupiah (FOREX:CNYIDR)

Strong Uptrend (+100) - CNYIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2261.2493 2263.4874 2256.2570 2260.5695 -0.6798
Entry Signal

MarketClub’s Trade Triangles for CNYIDR

long term up The long-term trend has been UP since Nov 3rd, 2021 at 2241.5970

intermediate term up The intermediate-term trend has been UP since Jan 5th, 2022 at 2267.9303

short term up The short-term trend has been UP since Jan 12th, 2022 at 2252.9200

Smart Scan Analysis for CNYIDR

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

+100
Smart Scan Analysis for CNYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2261.2493 2263.4874 2256.2570 2260.5695 -0.6798
Prev. Close Volume Bid Ask Time
2261.2493 2022-01-21 17:04:04
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