Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)
Sidelines Mode (+55) - CHFIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CHFIDR
The long-term trend has been UP since Jul 6th, 2023 at 16903.517
The intermediate-term trend has been DOWN since Feb 7th, 2024 at 17928.777
The short-term trend has been UP since Mar 18th, 2024 at 17759.308
Smart Scan Analysis for CHFIDR
Based on our trend formula, CHFIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
17685.696 | 17727.793 | 17657.118 | 17724.882 | +39.186 |
Prev. Close | Volume | Bid | Ask | Time |
17685.696 | 2024-03-19 07:45:37 |