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Forex Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

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
0.00005389 0.00005389 0.00005384 0.00005387 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRGBP

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 0.00005478

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2022 at 0.00005346

short term up The short-term trend has been UP since Jan 23rd, 2023 at 0.00005375

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
0.00005389 0.00005389 0.00005384 0.00005387 0.00000000
Prev. Close Volume Bid Ask Time
0.00005389 2023-01-30 00:48:08
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