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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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
0.00050420 0.00050540 0.00050261 0.00050281 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRHKD

long term up The long-term trend has been UP since Aug 24th, 2023 at 0.00106952

intermediate term down The intermediate-term trend has been DOWN since Sep 14th, 2023 at 0.00050727

short term down The short-term trend has been DOWN since Sep 26th, 2023 at 0.00050494

Smart Scan Analysis for IDRHKD

Based on our trend formula, IDRHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00050420 0.00050540 0.00050261 0.00050281 -0.00000100
Prev. Close Volume Bid Ask Time
0.00050420 2023-10-02 06:27:23
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