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Forex Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

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.

FOREX_IDRSEK
Open High Low IDRSEK Price Change
0.00072990 0.00072990 0.00072990 0.00072990 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRSEK

long term up The long-term trend has been UP since Feb 8th, 2023 at 0.00069422

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 0.00068416

short term up The short-term trend has been UP since May 19th, 2023 at 0.00069869

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).

+70
Smart Scan Analysis for IDRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00072990 0.00072990 0.00072990 0.00072990 0.00000000
Prev. Close Volume Bid Ask Time
0.00072990 0.00072615 0.00073365 2023-06-06 01:37:41
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