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Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Indonesian Rupiah/Hong Kong Dollar (FOREX:IDRHKD)
Countertrend Down (-85) - IDRHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for IDRHKD
The long-term trend has been DOWN since Mar 9th, 2020 at 0.00054170
The intermediate-term trend has been DOWN since Mar 9th, 2020 at 0.00054170
The short-term trend has been UP since Mar 27th, 2020 at 0.00048091
Smart Scan Analysis for IDRHKD
Based on our trend formula, IDRHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00048386 | 0.00048472 | 0.00048264 | 0.00048327 | -0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00048386 | 0.00048323 | 0.00048331 | 2020-03-30 07:06:51 |