Forex Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)
Countertrend Up (+85) - IDRCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IDRCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IDRCHF
The long-term trend has been UP since May 15th, 2023 at 0.00006220
The intermediate-term trend has been UP since May 15th, 2023 at 0.00006166
The short-term trend has been DOWN since Jun 8th, 2023 at 0.00006081
Smart Scan Analysis for IDRCHF
Based on our trend formula, IDRCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).