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Forex Trend Analysis Report

Prepared for you on Saturday, July 13, 2024.

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
11.725113 11.745000 11.684440 11.716403 -0.008710
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term up The long-term trend has been UP since Jun 5th, 2024 at 11.890485

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 11.756049

short term down The short-term trend has been DOWN since Jul 5th, 2024 at 11.769399

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
11.725113 11.745000 11.684440 11.716403 -0.008710
Prev. Close Volume Bid Ask Time
11.725113 2024-07-12 17:00:09
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