Forex Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
Indonesian Rupiah/Euro (FOREX:IDREUR)
Crossroads (+60) - IDREUR 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 IDREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDREUR
The long-term trend has been DOWN since Aug 6th, 2020 at 0.00578113
The intermediate-term trend has been UP since Nov 2nd, 2020 at 0.00005869
The short-term trend has been UP since Nov 26th, 2020 at 0.00005954
Smart Scan Analysis for IDREUR
Based on our trend formula, IDREUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).