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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)
Bear Market Rally (-75) - IDRHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRHKD as it may be in the beginning of a reversal.
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 UP since Dec 25th, 2024 at 0.00048169
Smart Scan Analysis for IDRHKD
Based on our trend formula, IDRHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00047921 | 0.00048071 | 0.00047885 | 0.00048025 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00047921 | 2024-12-26 15:43:28 |