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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Indonesian Rupiah/Danish Krone (FOREX:IDRDKK)

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

Is it time to buy, sell, or avoid IDRDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRDKK
Open High Low IDRDKK Price Change
0.00042858 0.00042858 0.00042858 0.00042858 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRDKK

long term down The long-term trend has been DOWN since Jun 23rd, 2023 at 0.00045439

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00044045

short term down The short-term trend has been DOWN since May 15th, 2024 at 0.00042966

Smart Scan Analysis for IDRDKK

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

-100
Smart Scan Analysis for IDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00042858 0.00042858 0.00042858 0.00042858 0.00000000
Prev. Close Volume Bid Ask Time
0.00042858 0.00042642 0.00043074 2024-05-22 01:30:10
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