Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)
Weak Downtrend (-65) - IDRINR is showing signs of a strengthening downtrend. Monitor IDRINR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid IDRINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRINR
The long-term trend has been UP since Nov 4th, 2020 at 0.00517698
The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.00514185
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00508922
Smart Scan Analysis for IDRINR
Based on our trend formula, IDRINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).