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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

Strong Uptrend (+100) - IDRKRW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IDRKRW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid IDRKRW?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRKRW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRKRW
Open High Low IDRKRW Price Change
0.08859847 0.08904615 0.08859847 0.08889415 +0.00029600
Entry Signal

MarketClub’s Trade Triangles for IDRKRW

long term up The long-term trend has been UP since Jul 26th, 2021 at 0.07967143

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2022 at 0.08819939

short term up The short-term trend has been UP since Aug 8th, 2022 at 0.08795328

Smart Scan Analysis for IDRKRW

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

+100
Smart Scan Analysis for IDRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08859847 0.08904615 0.08859847 0.08889415 +0.00029600
Prev. Close Volume Bid Ask Time
0.08859847 2022-08-15 18:05:32
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