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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.

FOREX_IDRISK
Open High Low IDRISK Price Change
0.00898290 0.00900842 0.00896411 0.00900317 +0.00002000
Entry Signal

MarketClub’s Trade Triangles for IDRISK

long term up The long-term trend has been UP since Jun 18th, 2021 at 0.00857073

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2021 at 0.00857073

short term down 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).

+85
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00898290 0.00900842 0.00896411 0.00900317 +0.00002000
Prev. Close Volume Bid Ask Time
0.00898290 2021-09-28 06:24:44
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