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Forex Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

Indonesian Rupiah/Danish Krone (FOREX:IDRDKK)

Countertrend Up (+85) - IDRDKK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00046543 0.00046543 0.00046543 0.00046543 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRDKK

long term up The long-term trend has been UP since May 10th, 2023 at 0.00045936

intermediate term up The intermediate-term trend has been UP since May 10th, 2023 at 0.00045735

short term up The short-term trend has been UP since May 10th, 2023 at 0.00045878

Smart Scan Analysis for IDRDKK

Based on our trend formula, IDRDKK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for IDRDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00046543 0.00046543 0.00046543 0.00046543 0.00000000
Prev. Close Volume Bid Ask Time
0.00046543 0.00046307 0.00046780 2023-05-31 01:37:37
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