Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)
Sidelines Mode (-55) - IDRHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for IDRHKD
The long-term trend has been DOWN since Jun 30th, 2022 at 0.00052397
The intermediate-term trend has been UP since Jul 29th, 2022 at 0.00052969
The short-term trend has been DOWN since Aug 12th, 2022 at 0.00052716
Smart Scan Analysis for IDRHKD
Based on our trend formula, IDRHKD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00052957 | 0.00053420 | 0.00052778 | 0.00053272 | +0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00052957 | 2022-08-16 14:43:22 |