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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)
Strong Downtrend (-100) - KRWIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWIDR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KRWIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRWIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for KRWIDR
The long-term trend has been DOWN since Aug 7th, 2024 at 11.632419
The intermediate-term trend has been DOWN since Oct 17th, 2024 at 11.333128
The short-term trend has been DOWN since Dec 1st, 2024 at 11.323902
Smart Scan Analysis for KRWIDR
Based on our trend formula, KRWIDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.362584 | 11.387019 | 11.044072 | 11.157693 | -0.204891 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.362584 | 2024-12-03 11:59:05 |