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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)
Long-Term Downtrend (-90) - IDRISK is in a strong downtrend that is likely to continue. While IDRISK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Apr 24th, 2024 at 0.00866768
Smart Scan Analysis for IDRISK
Based on our trend formula, IDRISK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00863092 | 0.00864691 | 0.00859271 | 0.00862423 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00863092 | 2024-04-26 07:38:06 |