Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Indonesian Rupiah/Chinese Yuan Renminbi Offshore (FOREX:IDRCNH)

Crossroads (+60) - IDRCNH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IDRCNH?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCNH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRCNH
Open High Low IDRCNH Price Change
0.00043868 0.00043900 0.00043826 0.00043841 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRCNH

long term down The long-term trend has been DOWN since Feb 2nd, 2025 at 0.00044198

intermediate term up The intermediate-term trend has been UP since Apr 20th, 2025 at 0.00044002

short term up The short-term trend has been UP since May 8th, 2025 at 0.00044007

Smart Scan Analysis for IDRCNH

Based on our trend formula, IDRCNH is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IDRCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00043868 0.00043900 0.00043826 0.00043841 0.00000000
Prev. Close Volume Bid Ask Time
0.00043868 2025-05-09 03:03:54
Get a free daily analysis and signals for Indonesian Rupiah/Chinese Yuan Renminbi Offshore (IDRCNH) - Request Your Free Report.