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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

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

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
0.08867020 0.08908900 0.08840316 0.08854005 -0.00013000
Entry Signal

MarketClub’s Trade Triangles for IDRKRW

long term up The long-term trend has been UP since Jul 22nd, 2024 at 0.08696055

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.08913584

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 0.08939311

Smart Scan Analysis for IDRKRW

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

-70
Smart Scan Analysis for IDRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08867020 0.08908900 0.08840316 0.08854005 -0.00013000
Prev. Close Volume Bid Ask Time
0.08867020 2025-01-20 09:44:14
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