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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Indonesian Rupiah/Chinese Yuan Renminbi (FOREX:IDRCNY)
Strong Downtrend (-100) - IDRCNY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRCNY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IDRCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCNY.
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 IDRCNY
The long-term trend has been DOWN since Dec 19th, 2024 at 0.00044540
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 0.00045326
The short-term trend has been DOWN since Dec 9th, 2024 at 0.00045726
Smart Scan Analysis for IDRCNY
Based on our trend formula, IDRCNY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00045095 | 0.00045095 | 0.00045095 | 0.00045095 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00045095 | 2024-12-21 07:16:34 |