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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.781795 0.782675 0.781595 0.782630 +0.000835
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 down The intermediate term trend has been DOWN since Mar 8th, 2019 at 0.779575

short term down The short term trend has been DOWN since Mar 21st, 2019 at 0.779780

Smart Scan Analysis for IDRJPY

Based on a pre-defined weighted trend formula for chart analysis, IDRJPY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.781795 0.782675 0.781595 0.782630 +0.000835
Prev. Close Volume Bid Ask Time
0.781795 0.782540 0.782720 2019-03-22 02:38:01
Want to analyze Indonesian Rupiah/Japanese Yen IDRJPY or another symbol? Try our Free Forex Trend Analysis Report.