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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)
Long-Term Uptrend (+90) - CHFIDR is in a strong uptrend that is likely to continue. While CHFIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jun 2nd, 2024 at 18055.168
The intermediate-term trend has been UP since Jul 24th, 2024 at 18323.376
The short-term trend has been UP since Jul 24th, 2024 at 18295.729
Smart Scan Analysis for CHFIDR
Based on our trend formula, CHFIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18496.992 | 18509.707 | 18410.795 | 18423.199 | -73.793 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18496.992 | 2024-07-26 17:00:04 |