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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

US Dollar/Special drawing rights (FOREX:USDXDR)

Weak Uptrend (+65) - USDXDR is showing signs of weakening momentum to the upside. Monitor USDXDR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDXDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDXDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDXDR
Open High Low USDXDR Price Change
0.7707535 0.7707535 0.7707535 0.7707535 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDXDR

long term up The long-term trend has been UP since Nov 8th, 2024 at 0.7534294

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2024 at 0.7659779

short term down The short-term trend has been DOWN since Jan 19th, 2025 at 0.7710836

Smart Scan Analysis for USDXDR

Based on our trend formula, USDXDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7707535 0.7707535 0.7707535 0.7707535 0.0000000
Prev. Close Volume Bid Ask Time
0.7708929 2025-01-19 11:30:04
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