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Forex Trend Analysis Report

Prepared for you on Monday, July 13, 2020.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Strong Downtrend (-100) - IDRSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid IDRSGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRSGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRSGD
Open High Low IDRSGD Price Change
0.00964543 0.00965997 0.00963320 0.00963320 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 0.00963712

intermediate term down The intermediate-term trend has been DOWN since Jun 30th, 2020 at 0.00973372

short term down The short-term trend has been DOWN since Jun 22nd, 2020 at 0.00983411

Smart Scan Analysis for IDRSGD

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

-100
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00964543 0.00965997 0.00963320 0.00963320 -0.00001200
Prev. Close Volume Bid Ask Time
0.00964543 0.00963228 0.00963412 2020-07-13 07:33:44
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