Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)
Bull Market Weakness (+75) - HKDIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HKDIDR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HKDIDR
The long-term trend has been UP since Nov 30th, 2023 at 2042.0774
The intermediate-term trend has been UP since Nov 30th, 2023 at 2015.5946
The short-term trend has been UP since Nov 30th, 2023 at 1997.6424
Smart Scan Analysis for HKDIDR
Based on our trend formula, HKDIDR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).