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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Strong Uptrend (+100) - EURIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURIDR 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 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
17201.585 17201.585 17201.585 17201.585 0.000
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term up The long-term trend has been UP since Jan 26th, 2024 at 31590.00

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 17018.00

short term up The short-term trend has been UP since Apr 5th, 2024 at 17156.28

Smart Scan Analysis for EURIDR

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

+100
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17201.585 17201.585 17201.585 17201.585 0.000
Prev. Close Volume Bid Ask Time
17278.000 17112.410 17290.760 2024-04-16 01:38:38
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