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Forex Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Sidelines Mode (-55) - IDRJPY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IDRJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRJPY
Open High Low IDRJPY Price Change
0.00949926 0.00949926 0.00946914 0.00948922 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term up The long-term trend has been UP since Apr 10th, 2022 at 0.00868050

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2022 at 0.00929958

short term up The short-term trend has been UP since Sep 23rd, 2022 at 0.00965090

Smart Scan Analysis for IDRJPY

Based on our trend formula, IDRJPY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00949926 0.00949926 0.00946914 0.00948922 -0.00001000
Prev. Close Volume Bid Ask Time
0.00949926 2022-10-02 17:44:11
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