Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_KRWIDR
Open High Low KRWIDR Price Change
12.9060 13.0220 12.8640 12.9475 +0.0415
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term up The long term trend has been UP since Aug 8th, 2018 at 13.2175

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2018 at 13.2400

short term down The short term trend has been DOWN since Nov 15th, 2018 at 12.9925

Smart Scan Analysis for KRWIDR

Based on a pre-defined weighted trend formula for chart analysis, KRWIDR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.9060 13.0220 12.8640 12.9475 +0.0415
Prev. Close Volume Bid Ask Time
12.9060 12.7690 13.1260 2018-11-20 21:10:13
Want to analyze South Korean Won/Indonesian Rupiah KRWIDR or another symbol? Try our Free Forex Trend Analysis Report.