Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Indonesian Rupiah/Swedish Krona (FOREX:IDRSEK)
Bull Market Weakness (+75) - IDRSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IDRSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRSEK
The long-term trend has been UP since Jun 15th, 2021 at 0.000581
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.000606
The short-term trend has been UP since Sep 13th, 2021 at 0.000604
Smart Scan Analysis for IDRSEK
Based on our trend formula, IDRSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).