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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.

FOREX_CHFXDR
Open High Low CHFXDR Price Change
0.7825302 0.7825302 0.7825302 0.7825302 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFXDR

long term down The long-term trend has been DOWN since May 2nd, 2022 at 0.7702933

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2022 at 0.7729235

short term up 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).

-60
Smart Scan Analysis for CHFXDR
Strong Downtrend Sideways 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
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