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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)
Strong Downtrend (-100) - IDRHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRHKD continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for IDRHKD
The long-term trend has been DOWN since Nov 8th, 2024 at 0.00047750
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.00050308
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00048688
Smart Scan Analysis for IDRHKD
Based on our trend formula, IDRHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00048896 | 0.00048923 | 0.00048734 | 0.00048759 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00048896 | 2024-11-21 06:05:14 |