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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

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
1890.6725 1896.5449 1889.5892 1893.8240 +3.1515
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term down The long-term trend has been DOWN since Apr 19th, 2022 at 1812.3243

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 1871.7426

short term up The short-term trend has been UP since Jun 28th, 2022 at 1893.6590

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
1890.6725 1896.5449 1889.5892 1893.8240 +3.1515
Prev. Close Volume Bid Ask Time
1890.6725 2022-06-29 21:56:14
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