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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indonesian Rupiah/Chinese Yuan Renminbi (FOREX:IDRCNY)
Weak Downtrend (-65) - IDRCNY is showing signs of a strengthening downtrend. Monitor IDRCNY as it may be building momentum to the downside.
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 Jan 26th, 2024 at 0.00024037
The intermediate-term trend has been UP since Jul 7th, 2024 at 0.00044734
The short-term trend has been DOWN since Jul 24th, 2024 at 0.00044794
Smart Scan Analysis for IDRCNY
Based on our trend formula, IDRCNY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for IDRCNY](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00044480 | 0.00044611 | 0.00044415 | 0.00044538 | +0.00000100 |
Prev. Close | Volume | Bid | Ask | Time |
0.00044480 | 2024-07-26 19:44:37 |