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.
MarketClub’s Trade Triangles for IDRSGD
The long-term trend has been DOWN since Mar 9th, 2020 at 0.00963712
The intermediate-term trend has been DOWN since Jun 30th, 2020 at 0.00973372
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).