Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Long-Term Downtrend (-90) - IDRCHF is in a strong downtrend that is likely to continue. While IDRCHF 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 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.

FOREX_IDRCHF
Open High Low IDRCHF Price Change
0.00692914 0.00692930 0.00671452 0.00690865 -0.00002000
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.00693617

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.00705684

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 0.00717052

Smart Scan Analysis for IDRCHF

Based on our trend formula, IDRCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00692914 0.00692930 0.00671452 0.00690865 -0.00002000
Prev. Close Volume Bid Ask Time
0.00692914 0.00690832 0.00690897 2020-02-28 14:19:00
Get a free daily analysis and signals for Indonesian Rupiah/Swiss Franc (IDRCHF) - Request Your Free Report.