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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Weak Downtrend (-65) - USDIDR is showing signs of a strengthening downtrend. Monitor USDIDR as it may be building momentum to the downside.

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
16114.55 16114.55 16114.55 16114.55 0.00
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term up The long-term trend has been UP since Nov 30th, 2023 at 15975.0

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 16249.0

short term down The short-term trend has been DOWN since Jun 24th, 2024 at 16408.6

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16114.55 16114.55 16114.55 16114.55 0.00
Prev. Close Volume Bid Ask Time
16114.55 2024-07-13 04:17:52
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