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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Special drawing rights/Swiss Franc (FOREX:XDRCHF)

Strong Downtrend (-100) - XDRCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
1.296856 1.296856 1.296856 1.296856 0.000000
Entry Signal

MarketClub’s Trade Triangles for XDRCHF

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 1.2941037

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 1.3088324

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 1.3100036

Smart Scan Analysis for XDRCHF

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

-100
Smart Scan Analysis for XDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.296856 1.296856 1.296856 1.296856 0.000000
Prev. Close Volume Bid Ask Time
1.296856 2021-10-14 07:18:44
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