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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Countertrend Up (+85) - IDRJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00971196 0.00971365 0.00970056 0.00971326 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term up The long-term trend has been UP since Oct 1st, 2024 at 0.01000559

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2024 at 0.00983499

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.00966356

Smart Scan Analysis for IDRJPY

Based on our trend formula, IDRJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00971196 0.00971365 0.00970056 0.00971326 +0.00000100
Prev. Close Volume Bid Ask Time
0.00971196 2024-12-26 05:19:15
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