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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Special drawing rights/Swiss Franc (FOREX:XDRCHF)

Weak Downtrend (-65) - XDRCHF is showing signs of a strengthening downtrend. Monitor XDRCHF as it may be building momentum to the downside.

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.

FOREX_XDRCHF
Open High Low XDRCHF Price Change
1.176554 1.176554 1.176554 1.176554 0.000000
Entry Signal

MarketClub’s Trade Triangles for XDRCHF

long term up The long-term trend has been UP since Mar 20th, 2024 at 1.1758168

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 1.1952492

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 1.1746475

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).

-70
Smart Scan Analysis for XDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.176554 1.176554 1.176554 1.176554 0.000000
Prev. Close Volume Bid Ask Time
1.176554 2024-06-15 06:10:53
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