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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)

Weak Downtrend (-65) - CHFIDR is showing signs of a strengthening downtrend. Monitor CHFIDR as it may be building momentum to the downside.

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

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

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

FOREX_CHFIDR
Open High Low CHFIDR Price Change
17687.294 17707.268 17658.806 17700.385 +13.091
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 17555.856

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 17736.393

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 17724.426

Smart Scan Analysis for CHFIDR

Based on our trend formula, CHFIDR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for CHFIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17687.294 17707.268 17658.806 17700.385 +13.091
Prev. Close Volume Bid Ask Time
17687.294 2024-05-09 10:21:34
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