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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Indonesian Rupiah/Norwegian Krone (FOREX:IDRNOK)

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

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

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

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

FOREX_IDRNOK
Open High Low IDRNOK Price Change
0.00067162 0.00067162 0.00067162 0.00067162 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRNOK

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.00067918

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 0.00067433

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 0.00067509

Smart Scan Analysis for IDRNOK

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

+65
Smart Scan Analysis for IDRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00067162 0.00067162 0.00067162 0.00067162 0.00000000
Prev. Close Volume Bid Ask Time
0.00067162 0.00066819 0.00067505 2024-04-05 01:30:17
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