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Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Indonesian Rupiah/Euro (FOREX:IDREUR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for IDREUR
The long term trend has been UP since Jul 15th, 2019 at 0.006358
The intermediate term trend has been UP since Jul 1st, 2019 at 0.006254
The short term trend has been UP since Aug 16th, 2019 at 0.006285
Smart Scan Analysis for IDREUR
Based on a pre-defined weighted trend formula for chart analysis, IDREUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.006343 | 0.006343 | 0.006343 | 0.006343 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.006343 | 0.006251 | 0.006436 | 2019-08-18 13:04:24 |