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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Countertrend Down (-85) - USDIDR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
14176.40 14197.50 14137.50 14160.85 -15.55
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 14167.5

intermediate term down The intermediate-term trend has been DOWN since Oct 12th, 2021 at 14188.8

short term up The short-term trend has been UP since Oct 21st, 2021 at 14161.5

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).

-85
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14176.40 14197.50 14137.50 14160.85 -15.55
Prev. Close Volume Bid Ask Time
14176.40 2021-10-25 18:14:13
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