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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
17578.90 17590.55 17506.00 17531.35 -47.55
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term down The long term trend has been DOWN since May 31st, 2019 at 17947.15

intermediate term up The intermediate term trend has been UP since Aug 27th, 2019 at 17562.20

short term up The short term trend has been UP since Sep 13th, 2019 at 17428.65

Smart Scan Analysis for GBPIDR

Based on a pre-defined weighted trend formula for chart analysis, GBPIDR scored +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
17578.90 17590.55 17506.00 17531.35 -47.55
Prev. Close Volume Bid Ask Time
17578.9 17527.90 17534.80 2019-09-18 07:18:08
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