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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)

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_IDRCAD
Open High Low IDRCAD Price Change
0.944705 0.947085 0.937590 0.938940 -0.005765
Entry Signal

MarketClub’s Trade Triangles for IDRCAD

long term up The long term trend has been UP since Sep 13th, 2019 at 0.949765

intermediate term up The intermediate term trend has been UP since Jul 22nd, 2019 at 0.938635

short term down The short term trend has been DOWN since Sep 17th, 2019 at 0.939975

Smart Scan Analysis for IDRCAD

Based on a pre-defined weighted trend formula for chart analysis, IDRCAD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for IDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.944705 0.947085 0.937590 0.938940 -0.005765
Prev. Close Volume Bid Ask Time
0.944705 0.938860 0.939020 2019-09-19 14:52:51
Want to analyze Indonesian Rupiah/Canadian Dollar IDRCAD or another symbol? Try our Free Forex Trend Analysis Report.