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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Indonesian Rupiah/Singapore Dollar (FOREX:IDRSGD)

Long-Term Downtrend (-90) - IDRSGD is in a strong downtrend that is likely to continue. While IDRSGD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.00009368 0.00009379 0.00009361 0.00009378 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRSGD

long term down The long-term trend has been DOWN since Aug 12th, 2020 at 0.00929487

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00009395

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.00009465

Smart Scan Analysis for IDRSGD

Based on our trend formula, IDRSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for IDRSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00009368 0.00009379 0.00009361 0.00009378 0.00000000
Prev. Close Volume Bid Ask Time
0.00009368 2021-02-25 03:22:42
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