Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

/Swiss Franc (FOREX:XDRCHF)

Long-Term Downtrend (-90) - XDRCHF is in a strong downtrend that is likely to continue. While XDRCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.3207218 1.3207218 1.3207218 1.3207218 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRCHF

long term down The long-term trend has been DOWN since Jan 28th, 2020 at 1.3356295

intermediate term down The intermediate-term trend has been DOWN since Jan 28th, 2020 at 1.3356295

short term down The short-term trend has been DOWN since Feb 25th, 2020 at 1.3336863

Smart Scan Analysis for XDRCHF

Based on our trend formula, XDRCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3207218 1.3207218 1.3207218 1.3207218 0.0000000
Prev. Close Volume Bid Ask Time
1.3207218 1.3207218 1.3207218 2020-04-02 07:19:26
Get a free daily analysis and signals for /Swiss Franc (XDRCHF) - Request Your Free Report.