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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

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
15235.821 15236.534 15208.042 15222.275 -13.546
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term up The long-term trend has been UP since Mar 6th, 2020 at 14939.533

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2020 at 15992.275

short term up The short-term trend has been UP since May 20th, 2020 at 15286.916

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
15235.821 15236.534 15208.042 15222.275 -13.546
Prev. Close Volume Bid Ask Time
15235.821 15133.365 15311.184 2020-05-31 16:47:24
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