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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

Countertrend Down (-85) - IDRISK 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 IDRISK?

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

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

FOREX_IDRISK
Open High Low IDRISK Price Change
0.00861864 0.00862274 0.00859818 0.00860837 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for IDRISK

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 0.00858486

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2024 at 0.00887309

short term up The short-term trend has been UP since Dec 23rd, 2024 at 0.00862827

Smart Scan Analysis for IDRISK

Based on our trend formula, IDRISK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00861864 0.00862274 0.00859818 0.00860837 -0.00001000
Prev. Close Volume Bid Ask Time
0.00861864 2024-12-26 05:43:10
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