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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)

Crossroads (+60) - HKDIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2047.9889 2049.4089 2041.4467 2043.0289 -4.9600
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term down The long-term trend has been DOWN since Aug 13th, 2024 at 2020.1172

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 1989.2963

short term up The short-term trend has been UP since Nov 20th, 2024 at 2042.0566

Smart Scan Analysis for HKDIDR

Based on our trend formula, HKDIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HKDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2047.9889 2049.4089 2041.4467 2043.0289 -4.9600
Prev. Close Volume Bid Ask Time
2047.9889 2024-11-21 06:44:29
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