Forex Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
Indonesian Rupiah/Euro (FOREX:IDREUR)
Long-Term Uptrend (+90) - IDREUR is in a strong uptrend that is likely to continue. While IDREUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Sep 6th, 2021 at 0.00005960
The intermediate-term trend has been UP since May 12th, 2021 at 0.00005801
The short-term trend has been UP since Aug 31st, 2021 at 0.00005926
Smart Scan Analysis for IDREUR
Based on our trend formula, IDREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).