Forex Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)
Countertrend Up (+85) - IDRISK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IDRISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRISK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRISK
The long-term trend has been UP since Jun 18th, 2021 at 0.00857073
The intermediate-term trend has been UP since Jun 18th, 2021 at 0.00857073
The short-term trend has been DOWN since Sep 23rd, 2021 at 0.00903995
Smart Scan Analysis for IDRISK
Based on our trend formula, IDRISK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).