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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)
Long-Term Uptrend (+90) - IDRKRW is in a strong uptrend that is likely to continue. While IDRKRW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid IDRKRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRKRW.
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 IDRKRW
The long-term trend has been UP since Jul 22nd, 2024 at 0.08696055
The intermediate-term trend has been UP since Oct 17th, 2024 at 0.08823675
The short-term trend has been UP since Oct 25th, 2024 at 0.08887997
Smart Scan Analysis for IDRKRW
Based on our trend formula, IDRKRW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08838903 | 0.08838903 | 0.08838903 | 0.08838903 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08838903 | 2024-10-26 04:48:20 |