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Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Swiss Franc/Special drawing rights (FOREX:CHFXDR)
Crossroads (-60) - CHFXDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFXDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFXDR
The long-term trend has been DOWN since May 2nd, 2022 at 0.7702933
The intermediate-term trend has been UP since Jun 17th, 2022 at 0.7729235
The short-term trend has been UP since Jun 17th, 2022 at 0.7729235
Smart Scan Analysis for CHFXDR
Based on our trend formula, CHFXDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7825302 | 0.7825302 | 0.7825302 | 0.7825302 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7825302 | 2022-06-30 07:21:51 |