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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)

Sidelines Mode (-50) - HKDIDR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until HKDIDR can gain momentum.

Is it time to buy, sell, or avoid HKDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDIDR
Open High Low HKDIDR Price Change
2084.3418 2090.1472 2084.1556 2085.0702 +0.7284
Entry Signal

MarketClub’s Trade Triangles for HKDIDR

long term up The long-term trend has been UP since Dec 13th, 2024 at 2070.8631

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 2030.2526

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 2072.8790

Smart Scan Analysis for HKDIDR

Based on our trend formula, HKDIDR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for HKDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2084.3418 2090.1472 2084.1556 2085.0702 +0.7284
Prev. Close Volume Bid Ask Time
2084.3418 2024-12-26 06:19:13
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