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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
US Dollar/Indonesian Rupiah (FOREX:USDIDR)
Countertrend Up (+85) - USDIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for USDIDR
The long-term trend has been UP since Nov 30th, 2023 at 15975.00
The intermediate-term trend has been UP since Mar 19th, 2024 at 15784.25
The short-term trend has been DOWN since Apr 16th, 2024 at 16049.75
Smart Scan Analysis for USDIDR
Based on our trend formula, USDIDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16265.00 | 16286.40 | 16204.70 | 16218.25 | -46.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16265.00 | 2024-04-19 19:42:32 |