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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.
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MarketClub’s Trade Triangles for KRWIDR
The long-term trend has been DOWN since Apr 25th, 2022 at 11.477192
The intermediate-term trend has been DOWN since Jul 14th, 2022 at 11.345413
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).
| 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 |