Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indonesian Rupiah/Norwegian Krone (FOREX:IDRNOK)
Bull Market Weakness (+75) - IDRNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDRNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRNOK.
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 IDRNOK
The long-term trend has been UP since Apr 2nd, 2024 at 0.00067918
The intermediate-term trend has been UP since Mar 14th, 2024 at 0.00067433
The short-term trend has been UP since May 3rd, 2024 at 0.00068017
Smart Scan Analysis for IDRNOK
Based on our trend formula, IDRNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00067756 | 0.00067756 | 0.00067756 | 0.00067756 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00067653 | 0.00067405 | 0.00068107 | 2024-05-07 01:37:10 |