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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
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.
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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 UP since Jan 13th, 2025 at 11.231198
The short-term trend has been UP since Jan 13th, 2025 at 11.187199
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.277784 | 11.354274 | 11.225000 | 11.293461 | +0.015677 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.277784 | 2025-01-20 09:44:00 |