Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Special drawing rights/Swiss Franc (FOREX:XDRCHF)
Crossroads (-60) - XDRCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 7th, 2024 at 1.1604871
The intermediate-term trend has been DOWN since Dec 1st, 2024 at 1.1545387
The short-term trend has been DOWN since Nov 20th, 2024 at 1.1607297
Smart Scan Analysis for XDRCHF
Based on our trend formula, XDRCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1521782 | 1.1521782 | 1.1521782 | 1.1521782 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1636284 | 2024-12-01 21:06:30 |