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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)

Crossroads (+60) - CHFIDR is struggling to move into a solid trend. Beware of choppy markets 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
17940.954 17952.297 17795.505 17813.708 -127.246
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 up The short-term trend has been UP since Apr 18th, 2024 at 18018.137

Smart Scan Analysis for CHFIDR

Based on our trend formula, CHFIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CHFIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17940.954 17952.297 17795.505 17813.708 -127.246
Prev. Close Volume Bid Ask Time
17940.954 2024-04-19 17:02:45
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