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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)

Bear Market Rally (-75) - IDRHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRHKD as it may be in the beginning of a reversal.

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

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

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

FOREX_IDRHKD
Open High Low IDRHKD Price Change
0.00049664 0.00049699 0.00049647 0.00049669 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRHKD

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00026245

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2024 at 0.00050241

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.00050062

Smart Scan Analysis for IDRHKD

Based on our trend formula, IDRHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00049664 0.00049699 0.00049647 0.00049669 0.00000000
Prev. Close Volume Bid Ask Time
0.00049664 2024-03-19 01:04:09
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