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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)
Long-Term Downtrend (-90) - IDRJPY is in a strong downtrend that is likely to continue. While IDRJPY 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 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.
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MarketClub’s Trade Triangles for IDRJPY
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00498666
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.00969127
The short-term trend has been DOWN since Jul 11th, 2024 at 0.00985086
Smart Scan Analysis for IDRJPY
Based on our trend formula, IDRJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00944796 | 0.00950328 | 0.00936064 | 0.00945045 | +0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00944796 | 2024-07-26 19:57:30 |