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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)

Long-Term Uptrend (+90) - CHFIDR is in a strong uptrend that is likely to continue. While CHFIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
15878.486 15881.366 15831.951 15837.692 -40.794
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 16117.455

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 15587.884

short term up The short-term trend has been UP since Apr 16th, 2021 at 15862.361

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
15878.486 15881.366 15831.951 15837.692 -40.794
Prev. Close Volume Bid Ask Time
15878.486 2021-04-20 09:10:30
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