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Forex Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

British Pound/Indonesian Rupiah (FOREX:GBPIDR)

Strong Downtrend (-100) - GBPIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPIDR continues to fall. Traders should use caution and set stops.

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
20339.429 20344.030 20053.748 20107.198 -232.231
Entry Signal

MarketClub’s Trade Triangles for GBPIDR

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 19863.968

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 20018.066

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 20145.963

Smart Scan Analysis for GBPIDR

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

-100
Smart Scan Analysis for GBPIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20339.429 20344.030 20053.748 20107.198 -232.231
Prev. Close Volume Bid Ask Time
20339.429 2025-01-02 20:19:29
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