Forex Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)
Weak Downtrend (-65) - IDRCHF is showing signs of a strengthening downtrend. Monitor IDRCHF as it may be building momentum to the downside.
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 Jul 5th, 2022 at 0.00006372
The intermediate-term trend has been UP since Aug 3rd, 2022 at 0.00006586
The short-term trend has been DOWN since Aug 8th, 2022 at 0.00006389
Smart Scan Analysis for IDRCHF
Based on our trend formula, IDRCHF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).