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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)
Bear Market Rally (-75) - IDRISK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRISK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IDRISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRISK.
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 IDRISK
The long-term trend has been DOWN since Nov 30th, 2023 at 0.00855662
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.00868824
The short-term trend has been DOWN since May 7th, 2024 at 0.00867944
Smart Scan Analysis for IDRISK
Based on our trend formula, IDRISK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00870415 | 0.00872533 | 0.00870353 | 0.00871180 | +0.00000800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00870415 | 2024-05-09 07:21:06 |