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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Swiss Franc/Special drawing rights (FOREX:CHFXDR)
Bear Market Rally (-75) - CHFXDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFXDR as it may be in the beginning of a reversal.
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 Nov 7th, 2024 at 0.8617071
The intermediate-term trend has been DOWN since Feb 12th, 2025 at 0.8395872
The short-term trend has been UP since Feb 16th, 2025 at 0.8461825
Smart Scan Analysis for CHFXDR
Based on our trend formula, CHFXDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8492161 | 0.8492161 | 0.8492161 | 0.8492161 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8492161 | 2025-02-22 01:41:06 |