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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)
Long-Term Downtrend (-90) - IDRISK is in a strong downtrend that is likely to continue. While IDRISK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for IDRISK
The long-term trend has been DOWN since Dec 17th, 2024 at 0.00858486
The intermediate-term trend has been DOWN since Sep 30th, 2024 at 0.00887309
The short-term trend has been DOWN since Dec 13th, 2024 at 0.00868628
Smart Scan Analysis for IDRISK
Based on our trend formula, IDRISK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00855523 | 0.00862827 | 0.00854803 | 0.00859790 | +0.00004300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00855523 | 2024-12-20 17:05:20 |