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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)

Countertrend Down (-85) - IDRHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_IDRHKD
Open High Low IDRHKD Price Change
0.00054718 0.00054762 0.00054385 0.00054431 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for IDRHKD

long term down The long-term trend has been DOWN since Feb 16th, 2021 at 0.00052790

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00054786

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.00055350

Smart Scan Analysis for IDRHKD

Based on our trend formula, IDRHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00054718 0.00054762 0.00054385 0.00054431 -0.00000300
Prev. Close Volume Bid Ask Time
0.00054718 2021-02-26 10:40:35
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