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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)

Crossroads (+60) - IDRINR 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 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.

FOREX_IDRINR
Open High Low IDRINR Price Change
0.00521930 0.00522701 0.00521615 0.00521883 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.00502473

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 0.00488868

short term up The short-term trend has been UP since May 29th, 2020 at 0.00516548

Smart Scan Analysis for IDRINR

Based on our trend formula, IDRINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00521930 0.00522701 0.00521615 0.00521883 0.00000000
Prev. Close Volume Bid Ask Time
0.00521930 0.00521879 0.00521886 2020-06-02 03:35:54
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