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Forex Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

Countertrend Down (-85) - IDRKRW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_IDRKRW
Open High Low IDRKRW Price Change
0.07687855 0.07708504 0.07663283 0.07673752 -0.00014100
Entry Signal

MarketClub’s Trade Triangles for IDRKRW

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 0.07678433

intermediate term down The intermediate-term trend has been DOWN since Mar 30th, 2021 at 0.07758612

short term up The short-term trend has been UP since Apr 12th, 2021 at 0.07696533

Smart Scan Analysis for IDRKRW

Based on our trend formula, IDRKRW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IDRKRW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07687855 0.07708504 0.07663283 0.07673752 -0.00014100
Prev. Close Volume Bid Ask Time
0.07687855 2021-04-13 15:03:43
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