Forex Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
Indonesian Rupiah/British Pound (FOREX:IDRGBP)
Weak Downtrend (-65) - IDRGBP is showing signs of a strengthening downtrend. Monitor IDRGBP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for IDRGBP
The long-term trend has been UP since Aug 23rd, 2021 at 0.00005071
The intermediate-term trend has been DOWN since Dec 30th, 2021 at 0.00005250
The short-term trend has been DOWN since Dec 30th, 2021 at 0.00005250
Smart Scan Analysis for IDRGBP
Based on our trend formula, IDRGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).