Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
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.
MarketClub’s Trade Triangles for CHFIDR
The long-term trend has been DOWN since Sep 6th, 2021 at 15511.483
The intermediate-term trend has been UP since Oct 22nd, 2021 at 15475.366
The short-term trend has been UP since Oct 19th, 2021 at 15347.703
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).