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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.933060 0.933595 0.932095 0.933075 +0.000015
Entry Signal

MarketClub’s Trade Triangles for IDRCAD

long term down The long term trend has been DOWN since Apr 26th, 2019 at 0.92686

intermediate term up The intermediate term trend has been UP since May 31st, 2019 at 0.94978

short term down The short term trend has been DOWN since Jun 19th, 2019 at 0.93090

Smart Scan Analysis for IDRCAD

Based on a pre-defined weighted trend formula for chart analysis, IDRCAD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for IDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.933060 0.933595 0.932095 0.933075 +0.000015
Prev. Close Volume Bid Ask Time
0.933060 0.933030 0.933120 2019-06-20 07:01:30
Want to analyze Indonesian Rupiah/Canadian Dollar IDRCAD or another symbol? Try our Free Forex Trend Analysis Report.