Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

Indonesian Rupiah/British Pound (FOREX:IDRGBP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_IDRGBP
Open High Low IDRGBP Price Change
0.00553046 0.00553068 0.00553023 0.00553046 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term up The long term trend has been UP since May 31st, 2019 at 0.005573

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2019 at 0.005644

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.005741

Smart Scan Analysis for IDRGBP

Based on a pre-defined weighted trend formula for chart analysis, IDRGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00553046 0.00553068 0.00553023 0.00553046 0.00000000
Prev. Close Volume Bid Ask Time
0.00553046 0.00552950 0.00553142 2019-10-17 00:08:07
Want to analyze Indonesian Rupiah/British Pound IDRGBP or another symbol? Try our Free Forex Trend Analysis Report.