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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Strong Downtrend (-100) - KRWIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, KRWIDR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid KRWIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRWIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KRWIDR
Open High Low KRWIDR Price Change
11.287296 11.288432 11.229346 11.231655 -0.055641
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 11.477192

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2022 at 11.345413

short term down The short-term trend has been DOWN since Aug 8th, 2022 at 11.369673

Smart Scan Analysis for KRWIDR

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

-100
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.287296 11.288432 11.229346 11.231655 -0.055641
Prev. Close Volume Bid Ask Time
11.287296 2022-08-15 05:11:54
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