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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
0.08765821 0.08780952 0.08761739 0.08773766 +0.00007900
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 Nov 7th, 2024 at 0.08897987

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 0.08870698

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
0.08765821 0.08780952 0.08761739 0.08773766 +0.00007900
Prev. Close Volume Bid Ask Time
0.08765821 2024-11-20 03:51:31
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