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Forex Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

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

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
0.00899420 0.00900049 0.00897948 0.00898041 -0.00001400
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 down The intermediate-term trend has been DOWN since Dec 1st, 2021 at 0.00899466

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 0.00896381

Smart Scan Analysis for IDRISK

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

-70
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00899420 0.00900049 0.00897948 0.00898041 -0.00001400
Prev. Close Volume Bid Ask Time
0.00899420 2022-01-16 20:25:40
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