Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)
Weak Uptrend (+65) - IDRKRW is showing signs of weakening momentum to the upside. Monitor IDRKRW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDRKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRKRW.
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 IDRKRW
The long-term trend has been UP since Apr 15th, 2024 at 0.08629093
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 0.08452141
The short-term trend has been UP since May 8th, 2024 at 0.08493736
Smart Scan Analysis for IDRKRW
Based on our trend formula, IDRKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.08509919 | 0.08542609 | 0.08509452 | 0.08529878 | +0.00020000 |
Prev. Close | Volume | Bid | Ask | Time |
0.08509919 | 2024-05-09 08:14:18 |