Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Sidelines Mode (+55) - IDRCHF 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 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.

FOREX_IDRCHF
Open High Low IDRCHF Price Change
0.00006404 0.00006471 0.00006376 0.00006470 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 0.00006372

intermediate term up The intermediate-term trend has been UP since Aug 3rd, 2022 at 0.00006586

short term down The short-term trend has been DOWN since Aug 19th, 2022 at 0.00006387

Smart Scan Analysis for IDRCHF

Based on our trend formula, IDRCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006404 0.00006471 0.00006376 0.00006470 +0.00000100
Prev. Close Volume Bid Ask Time
0.00006404 2022-08-19 17:00:13
Get a free daily analysis and signals for Indonesian Rupiah/Swiss Franc (IDRCHF) - Request Your Free Report.