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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_IDRJPY
Open High Low IDRJPY Price Change
0.773980 0.774735 0.772305 0.772490 -0.001490
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term down The long term trend has been DOWN since Apr 26th, 2019 at 0.734675

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 0.764495

short term up The short term trend has been UP since Jul 10th, 2019 at 0.772045

Smart Scan Analysis for IDRJPY

Based on a pre-defined weighted trend formula for chart analysis, IDRJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.773980 0.774735 0.772305 0.772490 -0.001490
Prev. Close Volume Bid Ask Time
0.773980 0.772360 0.772620 2019-07-19 07:58:51
Want to analyze Indonesian Rupiah/Japanese Yen IDRJPY or another symbol? Try our Free Forex Trend Analysis Report.