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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

Bull Market Weakness (+75) - IDRISK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRISK as it may be in the beginning stages of a reversal.

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
0.00907672 0.00918099 0.00906004 0.00917584 +0.00009900
Entry Signal

MarketClub’s Trade Triangles for IDRISK

long term up The long-term trend has been UP since Jan 18th, 2023 at 0.00949935

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 0.00934042

short term up The short-term trend has been UP since Mar 31st, 2023 at 0.00913515

Smart Scan Analysis for IDRISK

Based on our trend formula, IDRISK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00907672 0.00918099 0.00906004 0.00917584 +0.00009900
Prev. Close Volume Bid Ask Time
0.00907672 2023-03-31 17:08:18
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