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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDIDR
Open High Low USDIDR Price Change
14012.500 14083.012 13994.000 14024.493 +11.993
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term down The long term trend has been DOWN since Jul 15th, 2019 at 13934.000

intermediate term up The intermediate term trend has been UP since Nov 28th, 2019 at 14203.511

short term up The short term trend has been UP since Nov 28th, 2019 at 14138.732

Smart Scan Analysis for USDIDR

Based on a pre-defined weighted trend formula for chart analysis, USDIDR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14012.500 14083.012 13994.000 14024.493 +11.993
Prev. Close Volume Bid Ask Time
14012.500 14019.972 14029.013 2019-12-09 13:06:23
Want to analyze US Dollar/Indonesian Rupiah USDIDR or another symbol? Try our Free Forex Trend Analysis Report.