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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Indonesian Rupiah/Danish Krone (FOREX:IDRDKK)
Long-Term Downtrend (-90) - IDRDKK is in a strong downtrend that is likely to continue. While IDRDKK 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 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.
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MarketClub’s Trade Triangles for IDRDKK
The long-term trend has been DOWN since Jun 23rd, 2023 at 0.00045439
The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.00044045
The short-term trend has been DOWN since Apr 2nd, 2024 at 0.00043700
Smart Scan Analysis for IDRDKK
Based on our trend formula, IDRDKK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00043022 | 0.00043022 | 0.00043022 | 0.00043022 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00043166 | 0.00042804 | 0.00043239 | 2024-04-24 01:30:08 |