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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)
Bear Market Rally (-75) - KRWIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on KRWIDR as it may be in the beginning of a reversal.
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 DOWN since Oct 17th, 2024 at 11.333128
The short-term trend has been UP since Oct 22nd, 2024 at 11.318191
Smart Scan Analysis for KRWIDR
Based on our trend formula, KRWIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.272659 | 11.322154 | 11.248264 | 11.302715 | +0.030056 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.272659 | 2024-10-25 17:06:17 |