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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Bull Market Weakness (+75) - IDRJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRJPY as it may be in the beginning stages of a reversal.

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
0.8143557 0.8160990 0.8139562 0.8160821 +0.0017260
Entry Signal

MarketClub’s Trade Triangles for IDRJPY

long term up The long-term trend has been UP since Sep 13th, 2019 at 0.7792400

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.7931264

short term up The short-term trend has been UP since Feb 17th, 2020 at 0.8043593

Smart Scan Analysis for IDRJPY

Based on our trend formula, IDRJPY is rated as a +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
0.8143557 0.8160990 0.8139562 0.8160821 +0.0017260
Prev. Close Volume Bid Ask Time
0.8143557 0.8160313 0.8161328 2020-02-20 02:34:18
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