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.
MarketClub’s Trade Triangles for IDRCHF
The long-term trend has been DOWN since Aug 7th, 2020 at 0.00621836
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.00006416
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).