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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

US Dollar/Indonesian Rupiah (FOREX:USDIDR)

Crossroads (+60) - USDIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
14332.000 14441.050 14289.011 14291.589 -40.411
Entry Signal

MarketClub’s Trade Triangles for USDIDR

long term down The long-term trend has been DOWN since Nov 4th, 2020 at 14414.842

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2021 at 14123.000

short term up The short-term trend has been UP since Mar 5th, 2021 at 14421.500

Smart Scan Analysis for USDIDR

Based on our trend formula, USDIDR is rated as a +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
14332.000 14441.050 14289.011 14291.589 -40.411
Prev. Close Volume Bid Ask Time
14332.000 2021-03-05 17:07:44
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