Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Countertrend Up (+85) - GBPIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_GBPIDR
Open High Low GBPIDR Price Change
20088.760 20108.758 20055.051 20087.830 -0.930
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term up The long-term trend has been UP since Jan 27th, 2021 at 19358.096

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2021 at 20136.117

short term up The short-term trend has been UP since Apr 14th, 2021 at 20095.491

Smart Scan Analysis for GBPIDR

Based on our trend formula, GBPIDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20088.760 20108.758 20055.051 20087.830 -0.930
Prev. Close Volume Bid Ask Time
20088.760 2021-05-11 15:29:09
Get a free daily analysis and signals for British Pound/Indonesian Rupiah (GBPIDR) - Request Your Free Report.