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Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Indonesian Rupiah/Chinese Renminbi Yuan (FOREX:IDRCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRCNY
Open High Low IDRCNY Price Change
0.048005 0.048005 0.048005 0.048005 0.000000
Entry Signal

MarketClub’s Trade Triangles for IDRCNY

long term up The long term trend has been UP since Nov 8th, 2018 at 0.047698

intermediate term up The intermediate term trend has been UP since Feb 6th, 2019 at 0.048432

short term down The short term trend has been DOWN since Feb 13th, 2019 at 0.048035

Smart Scan Analysis for IDRCNY

Based on a pre-defined weighted trend formula for chart analysis, IDRCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for IDRCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.048005 0.048005 0.048005 0.048005 0.000000
Prev. Close Volume Bid Ask Time
0.048005 0.047943 0.048068 2019-02-16 10:39:25
Want to analyze Indonesian Rupiah/Chinese Renminbi Yuan IDRCNY or another symbol? Try our Free Forex Trend Analysis Report.