Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Indonesian Rupiah/US Dollar (FOREX:IDRUSD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for IDRUSD
The long term trend has been UP since Jul 14th, 2019 at 0.00715600
The intermediate term trend has been UP since Dec 5th, 2019 at 0.00714596
The short term trend has been UP since Jan 9th, 2020 at 0.00723131
Smart Scan Analysis for IDRUSD
Based on a pre-defined weighted trend formula for chart analysis, IDRUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).