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.
MarketClub’s Trade Triangles for XDRCHF
The long-term trend has been DOWN since Jan 28th, 2020 at 1.3356295
The intermediate-term trend has been DOWN since Jan 28th, 2020 at 1.3356295
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).