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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Indonesian Rupiah (FOREX:USDIDR)
Sidelines Mode (-50) - USDIDR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDIDR can gain 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.
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MarketClub’s Trade Triangles for USDIDR
The long-term trend has been UP since Dec 12th, 2024 at 16011.65
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 15794.00
The short-term trend has been DOWN since Dec 23rd, 2024 at 16112.95
Smart Scan Analysis for USDIDR
Based on our trend formula, USDIDR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16190.5 | 16236.0 | 16189.2 | 16196.2 | +5.7 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16190.5 | 2024-12-26 06:30:08 |