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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)

Bull Market Weakness (+75) - HKDIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDIDR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HKDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDIDR
Open High Low HKDIDR Price Change
2008.9123 2011.0530 2007.4352 2010.5038 +1.5915
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term up The long-term trend has been UP since Nov 30th, 2023 at 2042.0774

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2024 at 1988.8750

short term up The short-term trend has been UP since Mar 13th, 2024 at 1993.7513

Smart Scan Analysis for HKDIDR

Based on our trend formula, HKDIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HKDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2008.9123 2011.0530 2007.4352 2010.5038 +1.5915
Prev. Close Volume Bid Ask Time
2008.9123 2024-03-19 04:03:02
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