Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

Swiss Franc/Indonesian Rupiah (FOREX:CHFIDR)

Bear Market Rally (-75) - CHFIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFIDR as it may be in the beginning of a reversal.

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
15263.819 15310.287 15229.893 15295.467 +31.648
Entry Signal

MarketClub’s Trade Triangles for CHFIDR

long term down The long-term trend has been DOWN since Sep 6th, 2021 at 15511.483

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2021 at 15712.978

short term up The short-term trend has been UP since Oct 19th, 2021 at 15347.703

Smart Scan Analysis for CHFIDR

Based on our trend formula, CHFIDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CHFIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15263.819 15310.287 15229.893 15295.467 +31.648
Prev. Close Volume Bid Ask Time
15263.819 2021-10-20 05:46:42
Get a free daily analysis and signals for Swiss Franc/Indonesian Rupiah (CHFIDR) - Request Your Free Report.