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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Indonesian Rupiah/British Pound (FOREX:IDRGBP)
Countertrend Down (-85) - IDRGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid IDRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDRGBP
The long-term trend has been DOWN since Nov 23rd, 2023 at 0.00005100
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00005033
The short-term trend has been UP since Apr 22nd, 2024 at 0.00004988
Smart Scan Analysis for IDRGBP
Based on our trend formula, IDRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00004951 | 0.00004951 | 0.00004948 | 0.00004948 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00004951 | 2024-04-25 00:21:14 |