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Forex Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Indonesian Rupiah/Icelandic Krona (FOREX:IDRISK)

Crossroads (-60) - IDRISK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00866050 0.00868838 0.00865127 0.00866376 +0.00000300
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 up The intermediate-term trend has been UP since May 15th, 2024 at 0.00877769

short term up The short-term trend has been UP since May 15th, 2024 at 0.00870602

Smart Scan Analysis for IDRISK

Based on our trend formula, IDRISK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for IDRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00866050 0.00868838 0.00865127 0.00866376 +0.00000300
Prev. Close Volume Bid Ask Time
0.00866050 2024-05-17 17:00:34
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