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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)

Sidelines Mode (+50) - IDRINR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IDRINR can gain momentum.

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
0.00526560 0.00526845 0.00525148 0.00526456 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 0.00527475

intermediate term up The intermediate-term trend has been UP since Dec 25th, 2024 at 0.00537031

short term up The short-term trend has been UP since Dec 23rd, 2024 at 0.00527532

Smart Scan Analysis for IDRINR

Based on our trend formula, IDRINR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00526560 0.00526845 0.00525148 0.00526456 -0.00000100
Prev. Close Volume Bid Ask Time
0.00526560 2024-12-26 06:22:00
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