Forex Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
Hong Kong Dollar/Indonesian Rupiah (FOREX:HKDIDR)
Strong Uptrend (+100) - HKDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
MarketClub’s Trade Triangles for HKDIDR
The long-term trend has been UP since Dec 3rd, 2021 at 1856.7277
The intermediate-term trend has been UP since Dec 2nd, 2021 at 1852.1660
The short-term trend has been UP since Dec 1st, 2021 at 1845.7035
Smart Scan Analysis for HKDIDR
Based on our trend formula, HKDIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).