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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRINR
Open High Low IDRINR Price Change
0.00522027 0.00522050 0.00521659 0.00521659 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term up The long term trend has been UP since Aug 5th, 2019 at 0.00496400

intermediate term up The intermediate term trend has been UP since Jan 22nd, 2020 at 0.00523185

short term up The short term trend has been UP since Feb 11th, 2020 at 0.00522962

Smart Scan Analysis for IDRINR

Based on a pre-defined weighted trend formula for chart analysis, IDRINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00522027 0.00522050 0.00521659 0.00521659 -0.00000400
Prev. Close Volume Bid Ask Time
0.00522027 0.00521647 0.00521671 2020-02-17 01:18:29
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