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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Long-Term Uptrend (+90) - KRWIDR is in a strong uptrend that is likely to continue. While KRWIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_KRWIDR
Open High Low KRWIDR Price Change
12.709206 12.794634 12.691402 12.691402 -0.017804
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 13.081060

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 12.772932

short term up The short-term trend has been UP since Mar 1st, 2021 at 12.714729

Smart Scan Analysis for KRWIDR

Based on our trend formula, KRWIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.709206 12.794634 12.691402 12.691402 -0.017804
Prev. Close Volume Bid Ask Time
12.709206 2021-03-01 08:23:16
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