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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)

Strong Uptrend (+100) - JPYIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, JPYIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_JPYIDR
Open High Low JPYIDR Price Change
105.31044 105.67133 104.98924 105.16368 -0.14676
Entry Signal

MarketClub’s Trade Triangles for JPYIDR

long term up The long-term trend has been UP since Nov 30th, 2023 at 107.15583

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 105.25804

short term up The short-term trend has been UP since Nov 28th, 2023 at 104.69739

Smart Scan Analysis for JPYIDR

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

+100
Smart Scan Analysis for JPYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.31044 105.67133 104.98924 105.16368 -0.14676
Prev. Close Volume Bid Ask Time
105.31044 2023-12-05 20:45:38
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