Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
British Pound/Indonesian Rupiah (FOREX:GBPIDR)
Bull Market Weakness (+75) - GBPIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPIDR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPIDR
The long-term trend has been UP since Jan 27th, 2021 at 19358.096
The intermediate-term trend has been UP since Jan 27th, 2021 at 19358.096
The short-term trend has been DOWN since Feb 26th, 2021 at 19789.807
Smart Scan Analysis for GBPIDR
Based on our trend formula, GBPIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).