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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

Bear Market Rally (-75) - IDRISK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRISK as it may be in the beginning 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
0.00868834 0.00873672 0.00867122 0.00869970 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for IDRISK

long term down The long-term trend has been DOWN since Nov 30th, 2023 at 0.00855662

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.00868824

short term up The short-term trend has been UP since Apr 23rd, 2024 at 0.00872767

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
0.00868834 0.00873672 0.00867122 0.00869970 +0.00001100
Prev. Close Volume Bid Ask Time
0.00868834 2024-04-23 16:34:23
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