Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

Sidelines Mode (-55) - IDRKRW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	IDRKRW Price	Change
0.07864485	0.07894755	0.07827681	0.07844055	-0.00020400
Entry Signal

MarketClub’s Trade Triangles for IDRKRW

The long-term trend has been UP since Feb 4th, 2021 at 0.07989137

The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.07830516

The short-term trend has been UP since Mar 3rd, 2021 at 0.07888289

Smart Scan Analysis for IDRKRW

Based on our trend formula, IDRKRW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.07864485	0.07894755	0.07827681	0.07844055	-0.00020400
Prev. Close	Volume	Bid	Ask	Time
0.07864485				2021-03-05 08:56:21

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