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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

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
1837.8187 1842.5045 1833.8256 1838.1793 +0.3606
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 1893.8401

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 1792.4918

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 1835.4726

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
1837.8187 1842.5045 1833.8256 1838.1793 +0.3606
Prev. Close Volume Bid Ask Time
1837.8187 2021-03-03 16:51:44
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