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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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
13960.50 13982.05 13930.75 13965.50 +5.00
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term down The long term trend has been DOWN since Jul 15th, 2019 at 13934.00

intermediate term up The intermediate term trend has been UP since Jun 23rd, 2019 at 15442.90

short term up The short term trend has been UP since Jul 17th, 2019 at 14021.05

Smart Scan Analysis for USDIDR

Based on a pre-defined weighted trend formula for chart analysis, USDIDR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13960.50 13982.05 13930.75 13965.50 +5.00
Prev. Close Volume Bid Ask Time
13960.5 13965.00 13966.00 2019-07-18 11:00:28
Want to analyze US Dollar/Indonesian Rupiah USDIDR or another symbol? Try our Free Forex Trend Analysis Report.