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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Bear Market Rally (-75) - IDRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_IDRUSD
Open High Low IDRUSD Price Change
0.00006964 0.00006966 0.00006935 0.00006938 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term down The long-term trend has been DOWN since Dec 3rd, 2021 at 0.00006918

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2022 at 0.00007026

short term down The short-term trend has been DOWN since Jan 26th, 2022 at 0.00006950

Smart Scan Analysis for IDRUSD

Based on our trend formula, IDRUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006964 0.00006966 0.00006935 0.00006938 0.00000000
Prev. Close Volume Bid Ask Time
0.00006964 2022-01-28 07:28:26
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