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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Swiss Franc/Special drawing rights (FOREX:CHFXDR)

Strong Downtrend (-100) - CHFXDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.7493801 0.7493801 0.7493801 0.7493801 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CHFXDR

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 0.7671683

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.7715207

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 0.7763030

Smart Scan Analysis for CHFXDR

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

-100
Smart Scan Analysis for CHFXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7493801 0.7493801 0.7493801 0.7493801 0.0000000
Prev. Close Volume Bid Ask Time
0.7496830 2021-03-07 21:00:31
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