Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)
Weak Downtrend (-65) - CHFIDR is showing signs of a strengthening downtrend. Monitor CHFIDR as it may be building momentum to the downside.
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 Apr 19th, 2022 at 15091.752
The intermediate-term trend has been UP since Jul 31st, 2022 at 15648.775
The short-term trend has been DOWN since Aug 12th, 2022 at 15542.566
Smart Scan Analysis for CHFIDR
Based on our trend formula, CHFIDR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).