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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

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.

FOREX_IDREUR
Open High Low IDREUR Price Change
0.00005701 0.00005701 0.00005687 0.00005689 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDREUR

long term down The long-term trend has been DOWN since Oct 23rd, 2023 at 0.00005915

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2024 at 0.00005724

short term up The short-term trend has been UP since Jul 9th, 2024 at 0.00005688

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).

+60
Smart Scan Analysis for IDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005701 0.00005701 0.00005687 0.00005689 0.00000000
Prev. Close Volume Bid Ask Time
0.00005701 2024-07-14 21:42:36
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