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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 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 DOWN since Mar 21st, 2024 at 17555.856
The intermediate-term trend has been UP since Apr 15th, 2024 at 17736.393
The short-term trend has been DOWN since Apr 23rd, 2024 at 17764.193
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 |
|---|---|---|---|---|
| 17720.564 | 17729.932 | 17717.964 | 17726.035 | +5.471 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17720.564 | 2024-04-25 01:02:55 |