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.
MarketClub’s Trade Triangles for IDRCHF
The long-term trend has been DOWN since Feb 27th, 2020 at 0.00693617
The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.00705684
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).