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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Indonesian Rupiah/Chinese Yuan Renminbi (FOREX:IDRCNY)
Sidelines Mode (-55) - IDRCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 29th, 2025 at 0.00044441
The intermediate-term trend has been DOWN since Jan 29th, 2025 at 0.00044457
The short-term trend has been UP since Feb 4th, 2025 at 0.00044600
Smart Scan Analysis for IDRCNY
Based on our trend formula, IDRCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00043997 | 0.00044721 | 0.00043876 | 0.00044633 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00043997 | 2025-02-04 22:55:24 |