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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Sidelines Mode (-55) - KRWIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
12.216761 12.267061 12.164463 12.235398 +0.018637
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long-term trend has been DOWN since Jul 22nd, 2020 at 11.437384

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2020 at 11.776106

short term up The short-term trend has been UP since Jul 28th, 2020 at 12.159993

Smart Scan Analysis for KRWIDR

Based on our trend formula, KRWIDR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.216761 12.267061 12.164463 12.235398 +0.018637
Prev. Close Volume Bid Ask Time
12.216761 12.071859 12.398937 2020-08-04 21:51:24
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