Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
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.
MarketClub’s Trade Triangles for EURIDR
The long-term trend has been UP since Oct 10th, 2022 at 15436.526
The intermediate-term trend has been UP since Mar 6th, 2023 at 16255.441
The short-term trend has been UP since Mar 6th, 2023 at 16255.441
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).