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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Swiss Franc/Special drawing rights (FOREX:CHFXDR)

Countertrend Up (+85) - CHFXDR 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 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
0.8148971 0.8148971 0.8148971 0.8148971 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFXDR

long term up The long-term trend has been UP since Dec 2nd, 2022 at 0.8078622

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2023 at 0.8104702

short term up The short-term trend has been UP since Mar 15th, 2023 at 0.8104702

Smart Scan Analysis for CHFXDR

Based on our trend formula, CHFXDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CHFXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8148971 0.8148971 0.8148971 0.8148971 0.0000000
Prev. Close Volume Bid Ask Time
0.8148971 2023-03-30 07:27:58
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