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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Indonesian Rupiah/Indian Rupee (FOREX:IDRINR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
0.004944 0.004953 0.004929 0.004939 -0.000005
Entry Signal

MarketClub’s Trade Triangles for IDRINR

long term down The long term trend has been DOWN since May 19th, 2019 at 0.004809

intermediate term up The intermediate term trend has been UP since Jul 15th, 2019 at 0.004931

short term up The short term trend has been UP since Jul 11th, 2019 at 0.004881

Smart Scan Analysis for IDRINR

Based on a pre-defined weighted trend formula for chart analysis, IDRINR scored +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
0.004944 0.004953 0.004929 0.004939 -0.000005
Prev. Close Volume Bid Ask Time
0.004944 0.004939 0.004940 2019-07-23 11:23:27
Want to analyze Indonesian Rupiah/Indian Rupee IDRINR or another symbol? Try our Free Forex Trend Analysis Report.