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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)

Long-Term Downtrend (-90) - CHFIDR is in a strong downtrend that is likely to continue. While CHFIDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_CHFIDR
Open High Low CHFIDR Price Change
17592.880 17636.162 17580.020 17620.674 +27.794
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term down The long-term trend has been DOWN since Mar 21st, 2024 at 17555.856

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2024 at 17928.777

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 17657.118

Smart Scan Analysis for CHFIDR

Based on our trend formula, CHFIDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHFIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17592.880 17636.162 17580.020 17620.674 +27.794
Prev. Close Volume Bid Ask Time
17592.880 2024-03-29 03:51:26
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