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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Long-Term Downtrend (-90) - KRWIDR is in a strong downtrend that is likely to continue. While KRWIDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
11.565447 11.578777 11.432694 11.457324 -0.108123
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long-term trend has been DOWN since Mar 31st, 2023 at 11.490293

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2023 at 11.607795

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 11.675280

Smart Scan Analysis for KRWIDR

Based on our trend formula, KRWIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.565447 11.578777 11.432694 11.457324 -0.108123
Prev. Close Volume Bid Ask Time
11.565447 2023-03-31 17:08:18
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