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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Indonesian Rupiah/Canadian Dollar (FOREX:IDRCAD)

Bull Market Weakness (+75) - IDRCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRCAD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

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.

FOREX_IDRCAD
Open High Low IDRCAD Price Change
0.9680246 0.9695763 0.9668522 0.9690220 +0.0009970
Entry Signal

MarketClub’s Trade Triangles for IDRCAD

long term up The long-term trend has been UP since Sep 13th, 2019 at 0.9497650

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2020 at 0.9478774

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 0.9679097

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).

+75
Smart Scan Analysis for IDRCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9680246 0.9695763 0.9668522 0.9690220 +0.0009970
Prev. Close Volume Bid Ask Time
0.9680246 0.9689713 0.9690727 2020-02-17 20:07:27
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