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Forex Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)

Crossroads (-60) - CHFIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
16423.694 16469.718 16378.190 16459.700 +36.006
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term up The long-term trend has been UP since Nov 7th, 2022 at 15798.013

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2023 at 16317.514

short term down The short-term trend has been DOWN since May 30th, 2023 at 16503.799

Smart Scan Analysis for CHFIDR

Based on our trend formula, CHFIDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CHFIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16423.694 16469.718 16378.190 16459.700 +36.006
Prev. Close Volume Bid Ask Time
16423.694 2023-06-01 14:25:56
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