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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Bear Market Rally (-75) - IDRAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRAUD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid IDRAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRAUD
Open High Low IDRAUD Price Change
0.00009531 0.00009563 0.00009530 0.00009559 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRAUD

long term down The long-term trend has been DOWN since Jul 22nd, 2020 at 0.00953157

intermediate term down The intermediate-term trend has been DOWN since Dec 2nd, 2020 at 0.00009574

short term up The short-term trend has been UP since Dec 2nd, 2020 at 0.00009686

Smart Scan Analysis for IDRAUD

Based on our trend formula, IDRAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00009531 0.00009563 0.00009530 0.00009559 0.00000000
Prev. Close Volume Bid Ask Time
0.00009531 2020-12-04 05:28:57
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