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Forex Trend Analysis Report
Prepared for you on Monday, November 25, 2024.
Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)
Sidelines Mode (-55) - HKDIDR 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 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.
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MarketClub’s Trade Triangles for HKDIDR
The long-term trend has been DOWN since Aug 13th, 2024 at 2020.1172
The intermediate-term trend has been UP since Oct 3rd, 2024 at 1989.2963
The short-term trend has been DOWN since Nov 24th, 2024 at 2034.9568
Smart Scan Analysis for HKDIDR
Based on our trend formula, HKDIDR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2038.3060 | 2039.2061 | 2038.2818 | 2038.6066 | +0.3006 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2038.3060 | 2024-11-25 00:20:16 |