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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)

Strong Downtrend (-100) - HKDIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1813.4463 1820.4656 1810.0548 1816.2912 +2.8449
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term down The long-term trend has been DOWN since Sep 2nd, 2021 at 1825.0024

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 1822.3004

short term down The short-term trend has been DOWN since Oct 3rd, 2021 at 1831.9065

Smart Scan Analysis for HKDIDR

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

-100
Smart Scan Analysis for HKDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1813.4463 1820.4656 1810.0548 1816.2912 +2.8449
Prev. Close Volume Bid Ask Time
1813.4463 2021-10-20 10:08:23
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