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Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Indonesian Rupiah/British Pound (FOREX:IDRGBP)
Long-Term Uptrend (+90) - IDRGBP is in a strong uptrend that is likely to continue. While IDRGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 2nd, 2023 at 0.00005325
The intermediate-term trend has been UP since Aug 28th, 2023 at 0.00005209
The short-term trend has been UP since Oct 2nd, 2023 at 0.00005308
Smart Scan Analysis for IDRGBP
Based on our trend formula, IDRGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00005303 | 0.00005310 | 0.00005295 | 0.00005298 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00005303 | 2023-10-04 03:48:51 |