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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

Indonesian Rupiah/British Pound (FOREX:IDRGBP)

Crossroads (-60) - IDRGBP 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 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.

FOREX_IDRGBP
Open High Low IDRGBP Price Change
0.00004916 0.00004944 0.00004904 0.00004943 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term up The long-term trend has been UP since Sep 19th, 2024 at 0.00005003

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.00004935

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 0.00004950

Smart Scan Analysis for IDRGBP

Based on our trend formula, IDRGBP is rated as a -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
0.00004916 0.00004944 0.00004904 0.00004943 0.00000000
Prev. Close Volume Bid Ask Time
0.00004916 2024-12-12 16:09:58
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