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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for IDRZAR
The long-term trend has been DOWN since May 1st, 2024 at 0.00114569
The intermediate-term trend has been DOWN since Jun 13th, 2024 at 0.00112643
The short-term trend has been DOWN since Jul 26th, 2024 at 0.00112161
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00112563 | 0.00112577 | 0.00111707 | 0.00112178 | -0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00112563 | 2024-07-26 19:55:46 |