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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.

FOREX_IDRINR
Open High Low IDRINR Price Change
0.00513538 0.00514971 0.00508812 0.00510555 -0.00003000
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term up The long-term trend has been UP since Nov 4th, 2020 at 0.00517698

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 0.00514185

short term down 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).

-70
Smart Scan Analysis for IDRINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00513538 0.00514971 0.00508812 0.00510555 -0.00003000
Prev. Close Volume Bid Ask Time
0.00513538 2021-02-25 13:51:28
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