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.
MarketClub’s Trade Triangles for CHFIDR
The long-term trend has been DOWN since Sep 6th, 2021 at 15511.483
The intermediate-term trend has been DOWN since Aug 8th, 2021 at 15712.978
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).