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Forex Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

South Korean Won/Indonesian Rupiah (FOREX:KRWIDR)

Long-Term Uptrend (+90) - KRWIDR is in a strong uptrend that is likely to continue. While KRWIDR 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 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
12.985169 12.985169 12.985169 12.985169 0.000000
Entry Signal

MarketClub’s Trade Triangles for KRWIDR

long term up The long-term trend has been UP since Aug 12th, 2020 at 12.466782

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2020 at 12.577925

short term up The short-term trend has been UP since Oct 21st, 2020 at 12.916358

Smart Scan Analysis for KRWIDR

Based on our trend formula, KRWIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for KRWIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.985169 12.985169 12.985169 12.985169 0.000000
Prev. Close Volume Bid Ask Time
12.985169 2020-10-24 10:16:53
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