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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low GBPIDR Price Change
18448.6 18483.4 18358.3 18395.4 -53.2
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long term trend has been UP since Mar 8th, 2019 at 18831.00

intermediate term up The intermediate term trend has been UP since Apr 26th, 2019 at 18742.35

short term down The short term trend has been DOWN since May 15th, 2019 at 18539.65

Smart Scan Analysis for GBPIDR

Based on a pre-defined weighted trend formula for chart analysis, GBPIDR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18448.6 18483.4 18358.3 18395.4 -53.2
Prev. Close Volume Bid Ask Time
18448.6 18389.7 18401.1 2019-05-20 20:28:51
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