Forex Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)
Weak Uptrend (+65) - IDRISK is showing signs of weakening momentum to the upside. Monitor IDRISK as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for IDRISK
The long-term trend has been UP since Mar 7th, 2022 at 0.00923575
The intermediate-term trend has been UP since Jun 12th, 2022 at 0.00905943
The short-term trend has been DOWN since Jun 30th, 2022 at 0.00887728
Smart Scan Analysis for IDRISK
Based on our trend formula, IDRISK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).