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Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
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MarketClub’s Trade Triangles for IDRCHF
The long-term trend has been DOWN since Mar 5th, 2020 at 0.00669814
The intermediate-term trend has been UP since Apr 17th, 2020 at 0.00625302
The short-term trend has been DOWN since May 20th, 2020 at 0.00654216
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00660061 | 0.00660559 | 0.00659749 | 0.00660185 | +0.00000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00660061 | 0.00660029 | 0.00660341 | 2020-05-25 05:26:37 |