Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Indonesian Rupiah/South African Rand (FOREX:IDRZAR)

Strong Downtrend (-100) - IDRZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRZAR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_IDRZAR
Open High Low IDRZAR Price Change
0.00111565 0.00111565 0.00111462 0.00111462 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRZAR

long term down The long-term trend has been DOWN since May 1st, 2024 at 0.00114569

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 0.00112643

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.00115111

Smart Scan Analysis for IDRZAR

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

-100
Smart Scan Analysis for IDRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00111565 0.00111565 0.00111462 0.00111462 -0.00000100
Prev. Close Volume Bid Ask Time
0.00111565 2024-06-16 15:53:10
Get a free daily analysis and signals for Indonesian Rupiah/South African Rand (IDRZAR) - Request Your Free Report.