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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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_IDRAUD
Open High Low IDRAUD Price Change
0.010414 0.010441 0.010407 0.010438 +0.000024
Entry Signal

MarketClub’s Trade Triangles for IDRAUD

long term up The long term trend has been UP since May 31st, 2019 at 0.010143

intermediate term up The intermediate term trend has been UP since Jul 25th, 2019 at 0.010254

short term down The short term trend has been DOWN since Oct 10th, 2019 at 0.010454

Smart Scan Analysis for IDRAUD

Based on a pre-defined weighted trend formula for chart analysis, IDRAUD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010414 0.010441 0.010407 0.010438 +0.000024
Prev. Close Volume Bid Ask Time
0.010414 0.010437 0.010439 2019-10-14 08:44:44
Want to analyze Indonesian Rupiah/Australian Dollar IDRAUD or another symbol? Try our Free Forex Trend Analysis Report.