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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.

FOREX_CHFIDR
Open High Low CHFIDR Price Change
17685.696 17727.793 17657.118 17724.882 +39.186
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term up The long-term trend has been UP since Jul 6th, 2023 at 16903.517

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2024 at 17928.777

short term up 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).

+55
Smart Scan Analysis for CHFIDR
Strong Downtrend Sideways 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
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