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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Special drawing rights/Swiss Franc (FOREX:XDRCHF)
Countertrend Up (+85) - XDRCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 20th, 2024 at 1.1758168
The intermediate-term trend has been UP since Jan 16th, 2024 at 1.1454711
The short-term trend has been UP since Apr 23rd, 2024 at 1.2019112
Smart Scan Analysis for XDRCHF
Based on our trend formula, XDRCHF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2037511 | 1.2037511 | 1.2037511 | 1.2037511 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2037511 | 2024-04-24 21:01:06 |