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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

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_IDRJPY
Open High Low IDRJPY Price Change
0.765575 0.765575 0.765575 0.765575 0.000000
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term up The long term trend has been UP since Sep 13th, 2019 at 0.779240

intermediate term up The intermediate term trend has been UP since Aug 25th, 2019 at 0.754490

short term down The short term trend has been DOWN since Sep 18th, 2019 at 0.766495

Smart Scan Analysis for IDRJPY

Based on a pre-defined weighted trend formula for chart analysis, IDRJPY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.765575 0.765575 0.765575 0.765575 0.000000
Prev. Close Volume Bid Ask Time
0.765575 0.765250 0.765900 2019-09-21 13:13:39
Want to analyze Indonesian Rupiah/Japanese Yen IDRJPY or another symbol? Try our Free Forex Trend Analysis Report.