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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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
13687.600 13691.500 13671.783 13690.400 +2.800
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 Feb 3rd, 2020 at 13785.700

short term down The short term trend has been DOWN since Feb 11th, 2020 at 13670.133

Smart Scan Analysis for USDIDR

Based on a pre-defined weighted trend formula for chart analysis, USDIDR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13687.600 13691.500 13671.783 13690.400 +2.800
Prev. Close Volume Bid Ask Time
13687.600 13688.400 13692.400 2020-02-17 01:16:14
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