Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)
Crossroads (+60) - IDRCHF 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 IDRCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRCHF
The long-term trend has been DOWN since Aug 7th, 2020 at 0.00621836
The intermediate-term trend has been UP since Feb 24th, 2021 at 0.00006451
The short-term trend has been UP since Feb 23rd, 2021 at 0.00006415
Smart Scan Analysis for IDRCHF
Based on our trend formula, IDRCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).