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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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
0.788140 0.788770 0.787630 0.788645 +0.000505
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term up The long term trend has been UP since Nov 7th, 2018 at 0.775415

intermediate term up The intermediate term trend has been UP since Apr 5th, 2019 at 0.790190

short term down The short term trend has been DOWN since Apr 23rd, 2019 at 0.794795

Smart Scan Analysis for IDRJPY

Based on a pre-defined weighted trend formula for chart analysis, IDRJPY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.788140 0.788770 0.787630 0.788645 +0.000505
Prev. Close Volume Bid Ask Time
0.788140 0.788620 0.788670 2019-04-26 07:39:38
Want to analyze Indonesian Rupiah/Japanese Yen IDRJPY or another symbol? Try our Free Forex Trend Analysis Report.