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Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

Indonesian Rupiah/Australian Dollar (FOREX:IDRAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
0.010380 0.010405 0.010356 0.010358 -0.000022
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 up The short term trend has been UP since Aug 19th, 2019 at 0.010391

Smart Scan Analysis for IDRAUD

Based on a pre-defined weighted trend formula for chart analysis, IDRAUD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for IDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010380 0.010405 0.010356 0.010358 -0.000022
Prev. Close Volume Bid Ask Time
0.010380 0.010357 0.010359 2019-08-19 18:22:35
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