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Forex Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

Euro/Indonesian Rupiah (FOREX:EURIDR)

Crossroads (-60) - EURIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
17152 17152 17152 17152 0
Entry Signal

MarketClub’s Trade Triangles for EURIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 17392.106

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2021 at 17284.000

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 17503.529

Smart Scan Analysis for EURIDR

Based on our trend formula, EURIDR is rated as a -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
17152 17152 17152 17152 0
Prev. Close Volume Bid Ask Time
17152 2021-05-14 14:10:57
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