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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

Weak Uptrend (+65) - IDRKRW is showing signs of weakening momentum to the upside. Monitor IDRKRW as it may be in the beginning stages of a reversal.

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
0.08505747 0.08518454 0.08492093 0.08506788 +0.00001000
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 up The intermediate-term trend has been UP since Jul 8th, 2024 at 0.08498443

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 0.08539349

Smart Scan Analysis for IDRKRW

Based on our trend formula, IDRKRW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for IDRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08505747 0.08518454 0.08492093 0.08506788 +0.00001000
Prev. Close Volume Bid Ask Time
0.08505747 2024-07-26 20:28:25
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