Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)
Bear Market Rally (-75) - IDRCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRCAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IDRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDRCAD
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00004559
The intermediate-term trend has been UP since Apr 16th, 2024 at 0.00008589
The short-term trend has been DOWN since Apr 16th, 2024 at 0.00008507
Smart Scan Analysis for IDRCAD
Based on our trend formula, IDRCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00008494 | 0.00008529 | 0.00008487 | 0.00008499 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00008494 | 2024-04-17 23:55:47 |