Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)
Strong Uptrend (+100) - CHFIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jul 6th, 2023 at 16903.517
The intermediate-term trend has been UP since Nov 29th, 2023 at 17719.757
The short-term trend has been UP since Dec 11th, 2023 at 17804.783
Smart Scan Analysis for CHFIDR
Based on our trend formula, CHFIDR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).