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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)
Crossroads (-60) - IDRHKD is struggling to move into a solid trend. Beware of choppy markets 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 UP since Aug 13th, 2024 at 0.00049138
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 0.00050308
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.00049929
Smart Scan Analysis for IDRHKD
Based on our trend formula, IDRHKD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00050017 | 0.00050082 | 0.00049366 | 0.00049398 | -0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00050017 | 2024-10-25 17:06:35 |