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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Indonesian Rupiah/Japanese Yen (FOREX:IDRJPY)
Bear Market Rally (-75) - IDRJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRJPY as it may be in the beginning 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.
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MarketClub’s Trade Triangles for IDRJPY
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00498666
The intermediate-term trend has been UP since Mar 20th, 2024 at 0.00967126
The short-term trend has been DOWN since Apr 18th, 2024 at 0.00948190
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00949476 | 0.00953755 | 0.00948831 | 0.00951294 | +0.00001800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00949476 | 2024-04-19 13:32:34 |