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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

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.

FOREX_XDRCHF
Open High Low XDRCHF Price Change
1.3344363 1.3344363 1.3344363 1.3344363 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRCHF

long term up The long-term trend has been UP since Feb 23rd, 2021 at 1.3034949

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 1.2961414

short term up The short-term trend has been UP since Feb 17th, 2021 at 1.2881568

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).

+80
Smart Scan Analysis for XDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3344363 1.3344363 1.3344363 1.3344363 0.0000000
Prev. Close Volume Bid Ask Time
1.3338972 2021-03-07 21:00:31
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