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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Bear Market Rally (-75) - IDRCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRCHF as it may be in the beginning 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
0.00006307 0.00006341 0.00006305 0.00006341 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term down The long-term trend has been DOWN since Aug 7th, 2020 at 0.00621836

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.00006416

short term up The short-term trend has been UP since Apr 13th, 2021 at 0.00006436

Smart Scan Analysis for IDRCHF

Based on our trend formula, IDRCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006307 0.00006341 0.00006305 0.00006341 0.00000000
Prev. Close Volume Bid Ask Time
0.00006307 2021-04-14 13:29:31
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