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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Indonesian Rupiah/US Dollar (FOREX:IDRUSD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRUSD
Open High Low IDRUSD Price Change
0.007119 0.007135 0.007119 0.007135 +0.000016
Entry Signal

MarketClub’s Trade Triangles for IDRUSD

long term up The long term trend has been UP since Nov 28th, 2018 at 0.006952

intermediate term up The intermediate term trend has been UP since Nov 1st, 2018 at 0.006621

short term up The short term trend has been UP since Feb 19th, 2019 at 0.007111

Smart Scan Analysis for IDRUSD

Based on a pre-defined weighted trend formula for chart analysis, IDRUSD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for IDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007119 0.007135 0.007119 0.007135 +0.000016
Prev. Close Volume Bid Ask Time
0.007119 0.007135 0.007135 2019-02-23 14:16:56
Want to analyze Indonesian Rupiah/US Dollar IDRUSD or another symbol? Try our Free Forex Trend Analysis Report.