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.
MarketClub’s Trade Triangles for JPYIDR
The long-term trend has been UP since Nov 30th, 2023 at 107.15583
The intermediate-term trend has been UP since Nov 29th, 2023 at 105.25804
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).