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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)
Long-Term Downtrend (-90) - IDRINR is in a strong downtrend that is likely to continue. While IDRINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for IDRINR
The long-term trend has been DOWN since Jul 3rd, 2023 at 0.00543799
The intermediate-term trend has been DOWN since Mar 31st, 2024 at 0.00524022
The short-term trend has been DOWN since Apr 8th, 2024 at 0.00523805
Smart Scan Analysis for IDRINR
Based on our trend formula, IDRINR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00513450 | 0.00514694 | 0.00512813 | 0.00514257 | +0.00000800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00513450 | 2024-04-19 11:36:09 |