Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/Special drawing rights (FOREX:USDXDR)
Countertrend Down (-85) - USDXDR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDXDR
The long-term trend has been DOWN since Mar 12th, 2025 at 0.7575541
The intermediate-term trend has been DOWN since Apr 6th, 2025 at 0.7458982
The short-term trend has been UP since May 1st, 2025 at 0.7178305
Smart Scan Analysis for USDXDR
Based on our trend formula, USDXDR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7216595 | 0.7216595 | 0.7216595 | 0.7216595 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7216595 | 2025-05-04 11:00:59 |