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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Countertrend Down (-85) - IDRAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00009033 0.00009037 0.00009012 0.00009016 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 Feb 16th, 2021 at 0.00009166

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.00009014

Smart Scan Analysis for IDRAUD

Based on our trend formula, IDRAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00009033 0.00009037 0.00009012 0.00009016 0.00000000
Prev. Close Volume Bid Ask Time
0.00009033 2021-03-01 04:48:54
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