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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Strong Uptrend (+100) - USDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDIDR 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 USDIDR?

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

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

FOREX_USDIDR
Open High Low USDIDR Price Change
16017.1 16030.8 16003.0 16027.8 +10.7
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term up The long-term trend has been UP since Dec 12th, 2024 at 16011.65

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 15508.70

short term up The short-term trend has been UP since Dec 9th, 2024 at 15892.00

Smart Scan Analysis for USDIDR

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

+100
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16017.1 16030.8 16003.0 16027.8 +10.7
Prev. Close Volume Bid Ask Time
16017.1 2024-12-13 02:59:36
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