Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)
Sidelines Mode (-50) - IDRCHF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IDRCHF can gain momentum.
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 UP since Oct 15th, 2021 at 0.00006555
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00006386
The short-term trend has been DOWN since Oct 18th, 2021 at 0.00006490
Smart Scan Analysis for IDRCHF
Based on our trend formula, IDRCHF is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).