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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
12.025494 12.029853 12.013163 12.023589 -0.001905
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long-term trend has been DOWN since Sep 8th, 2021 at 12.198269

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2021 at 12.662465

short term up The short-term trend has been UP since Oct 18th, 2021 at 11.944044

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
12.025494 12.029853 12.013163 12.023589 -0.001905
Prev. Close Volume Bid Ask Time
12.025494 2021-10-22 02:29:10
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