Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_GBPIDR
Open High Low GBPIDR Price Change
18391.75 18423.95 18274.85 18295.10 -96.65
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long term trend has been UP since Mar 8th, 2019 at 18831.0

intermediate term down The intermediate term trend has been DOWN since Apr 8th, 2019 at 18361.7

short term down The short term trend has been DOWN since Apr 12th, 2019 at 18435.2

Smart Scan Analysis for GBPIDR

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

-70
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18391.75 18423.95 18274.85 18295.10 -96.65
Prev. Close Volume Bid Ask Time
18391.75 18289.20 18301.00 2019-04-18 08:23:30
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