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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Long-Term Uptrend (+90) - EURIDR is in a strong uptrend that is likely to continue. While EURIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_EURIDR
Open High Low EURIDR Price Change
17124 17124 17124 17124 0
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term up The long-term trend has been UP since Jan 26th, 2024 at 31590.000

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 17018.000

short term up The short-term trend has been UP since Mar 18th, 2024 at 17057.215

Smart Scan Analysis for EURIDR

Based on our trend formula, EURIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17124 17124 17124 17124 0
Prev. Close Volume Bid Ask Time
17124 2024-03-29 03:30:09
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