Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)
Crossroads (+60) - IDRSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for IDRSGD
The long-term trend has been DOWN since Aug 12th, 2020 at 0.00929487
The intermediate-term trend has been UP since Sep 17th, 2021 at 0.00009462
The short-term trend has been UP since Sep 17th, 2021 at 0.00009458
Smart Scan Analysis for IDRSGD
Based on our trend formula, IDRSGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).