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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.
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MarketClub’s Trade Triangles for CHFIDR
The long-term trend has been UP since Mar 6th, 2020 at 14939.533
The intermediate-term trend has been DOWN since Apr 17th, 2020 at 15992.275
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).
| 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 |