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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Weak Downtrend (-65) - KRWIDR is showing signs of a strengthening downtrend. Monitor KRWIDR as it may be building momentum to the downside.

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

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

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

FOREX_KRWIDR
Open High Low KRWIDR Price Change
11.772337 11.822607 11.760156 11.785849 +0.013512
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 11.587898

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 11.708939

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 11.723225

Smart Scan Analysis for KRWIDR

Based on our trend formula, KRWIDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.772337 11.822607 11.760156 11.785849 +0.013512
Prev. Close Volume Bid Ask Time
11.772337 2024-04-26 13:53:55
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