Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
British Pound/Indonesian Rupiah (FOREX:GBPIDR)
Weak Downtrend (-65) - GBPIDR is showing signs of a strengthening downtrend. Monitor GBPIDR as it may be building momentum to the downside.
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 Mar 9th, 2020 at 18862.151
The intermediate-term trend has been DOWN since Apr 20th, 2020 at 19185.453
The short-term trend has been DOWN since May 29th, 2020 at 17934.667
Smart Scan Analysis for GBPIDR
Based on our trend formula, GBPIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).