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Forex Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)

Weak Downtrend (-65) - IDRHKD is showing signs of a strengthening downtrend. Monitor IDRHKD as it may be building momentum to the downside.

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
0.00048069 0.00048096 0.00048066 0.00048080 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRHKD

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00026245

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2024 at 0.00048099

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 0.00048157

Smart Scan Analysis for IDRHKD

Based on our trend formula, IDRHKD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for IDRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00048069 0.00048096 0.00048066 0.00048080 0.00000000
Prev. Close Volume Bid Ask Time
0.00048069 2024-07-24 01:24:03
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