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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Special drawing rights/Swiss Franc (FOREX:XDRCHF)
Bull Market Weakness (+75) - XDRCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XDRCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRCHF.
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 XDRCHF
The long-term trend has been UP since Nov 7th, 2024 at 1.1604871
The intermediate-term trend has been UP since Nov 7th, 2024 at 1.1597359
The short-term trend has been UP since Nov 7th, 2024 at 1.1516002
Smart Scan Analysis for XDRCHF
Based on our trend formula, XDRCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1677057 | 1.1677057 | 1.1677057 | 1.1677057 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1677057 | 2024-11-18 13:11:45 |