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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Crossroads (-60) - GBPIDR 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 GBPIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPIDR
Open High Low GBPIDR Price Change
18878.372 18905.357 18807.474 18858.756 -19.616
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long-term trend has been UP since Jun 16th, 2023 at 19172.625

intermediate term down The intermediate-term trend has been DOWN since Aug 28th, 2023 at 19196.726

short term down The short-term trend has been DOWN since Sep 13th, 2023 at 19126.365

Smart Scan Analysis for GBPIDR

Based on our trend formula, GBPIDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18878.372 18905.357 18807.474 18858.756 -19.616
Prev. Close Volume Bid Ask Time
18878.372 2023-09-22 10:26:43
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