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.
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MarketClub’s Trade Triangles for CHFIDR
The long-term trend has been DOWN since Mar 21st, 2024 at 17555.856
The intermediate-term trend has been DOWN since Feb 7th, 2024 at 17928.777
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).
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 |