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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2019.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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
16139.3 16139.3 16139.3 16139.3 0.0
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term down The long term trend has been DOWN since Nov 8th, 2018 at 16607.3

intermediate term up The intermediate term trend has been UP since Feb 28th, 2019 at 16010.0

short term up The short term trend has been UP since Mar 12th, 2019 at 16049.0

Smart Scan Analysis for EURIDR

Based on a pre-defined weighted trend formula for chart analysis, EURIDR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16139.3 16139.3 16139.3 16139.3 0.0
Prev. Close Volume Bid Ask Time
16139.3 15909.3 16369.3 2019-03-17 21:10:56
Want to analyze Euro/Indonesian Rupiah EURIDR or another symbol? Try our Free Forex Trend Analysis Report.