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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

Weak Downtrend (-65) - IDRISK is showing signs of a strengthening downtrend. Monitor IDRISK as it may be building momentum to the downside.

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
0.00844908 0.00849286 0.00844352 0.00848212 +0.00003300
Entry Signal

MarketClub’s Trade Triangles for IDRISK

long term down The long-term trend has been DOWN since Nov 30th, 2023 at 0.00855662

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.00844059

short term down The short-term trend has been DOWN since Jul 25th, 2024 at 0.00846629

Smart Scan Analysis for IDRISK

Based on our trend formula, IDRISK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00844908 0.00849286 0.00844352 0.00848212 +0.00003300
Prev. Close Volume Bid Ask Time
0.00844908 2024-07-26 17:00:04
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