Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Indonesian Rupiah/South Korean Won (FOREX:IDRKRW)

Countertrend Up (+85) - IDRKRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

Open	High	Low	IDRKRW Price	Change
0.08303152	0.08312774	0.08289424	0.08303452	+0.00000300
Entry Signal

MarketClub’s Trade Triangles for IDRKRW

The long-term trend has been UP since Jul 26th, 2021 at 0.07967143

The intermediate-term trend has been UP since Dec 21st, 2021 at 0.08368500

The short-term trend has been UP since Jan 16th, 2022 at 0.08327568

Smart Scan Analysis for IDRKRW

Based on our trend formula, IDRKRW is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.08303152	0.08312774	0.08289424	0.08303452	+0.00000300
Prev. Close	Volume	Bid	Ask	Time
0.08303152				2022-01-18 07:54:31

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