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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Crossroads (+60) - KRWIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
11.532823 11.776030 11.516027 11.531775 -0.001048
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 11.477192

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2022 at 11.614318

short term up The short-term trend has been UP since Jun 30th, 2022 at 11.569346

Smart Scan Analysis for KRWIDR

Based on our trend formula, KRWIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.532823 11.776030 11.516027 11.531775 -0.001048
Prev. Close Volume Bid Ask Time
11.532823 2022-07-04 23:19:44
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