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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURIDR
Open High Low EURIDR Price Change
15768.5 15768.5 15768.5 15768.5 0.0
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term down The long term trend has been DOWN since Jul 15th, 2019 at 15754.5

intermediate term up The intermediate term trend has been UP since Aug 4th, 2019 at 15698.1

short term up The short term trend has been UP since Jul 30th, 2019 at 15610.0

Smart Scan Analysis for EURIDR

Based on a pre-defined weighted trend formula for chart analysis, EURIDR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15768.5 15768.5 15768.5 15768.5 0.0
Prev. Close Volume Bid Ask Time
15768.5 15538.5 15998.5 2019-08-18 20:19:27
Want to analyze Euro/Indonesian Rupiah EURIDR or another symbol? Try our Free Forex Trend Analysis Report.