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Forex Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Countertrend Up (+85) - IDRCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00006071 0.00006071 0.00006071 0.00006071 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term up The long-term trend has been UP since May 15th, 2023 at 0.00006220

intermediate term up The intermediate-term trend has been UP since May 15th, 2023 at 0.00006166

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 0.00006081

Smart Scan Analysis for IDRCHF

Based on our trend formula, IDRCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00006071 0.00006071 0.00006071 0.00006071 0.00000000
Prev. Close Volume Bid Ask Time
0.00006071 2023-06-10 03:45:49
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