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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Bull Market Weakness (+75) - IDRCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IDRCHF as it may be in the beginning stages of a reversal.

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
0.00005693 0.00005701 0.00005687 0.00005698 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00003036

intermediate term up The intermediate-term trend has been UP since May 13th, 2024 at 0.00005675

short term up The short-term trend has been UP since May 17th, 2024 at 0.00005699

Smart Scan Analysis for IDRCHF

Based on our trend formula, IDRCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005693 0.00005701 0.00005687 0.00005698 0.00000000
Prev. Close Volume Bid Ask Time
0.00005693 2024-05-21 12:39:43
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