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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)

Long-Term Downtrend (-90) - HKDIDR is in a strong downtrend that is likely to continue. While HKDIDR is showing intraday strength, it remains in the confines of a bearish trend. 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
1815.4840 1818.8756 1812.0363 1815.8877 +0.4037
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term down The long-term trend has been DOWN since Nov 5th, 2020 at 1866.6615

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2020 at 1895.9433

short term down The short-term trend has been DOWN since Nov 25th, 2020 at 1819.6439

Smart Scan Analysis for HKDIDR

Based on our trend formula, HKDIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HKDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1815.4840 1818.8756 1812.0363 1815.8877 +0.4037
Prev. Close Volume Bid Ask Time
1815.4840 2020-11-27 21:38:53
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