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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRKRW
Open High Low IDRKRW Price Change
7.95820 7.96035 7.92595 7.93955 -0.01865
Entry Signal

MarketClub’s Trade Triangles for IDRKRW

long term up The long term trend has been UP since Nov 30th, 2018 at 7.86070

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 7.92615

short term up The short term trend has been UP since Mar 13th, 2019 at 7.96595

Smart Scan Analysis for IDRKRW

Based on a pre-defined weighted trend formula for chart analysis, IDRKRW scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for IDRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.95820 7.96035 7.92595 7.93955 -0.01865
Prev. Close Volume Bid Ask Time
7.95820 7.93030 7.94880 2019-03-19 05:43:45
Want to analyze Indonesian Rupiah/South Korean Won IDRKRW or another symbol? Try our Free Forex Trend Analysis Report.