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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Special drawing rights/Swiss Franc (FOREX:XDRCHF)
Sidelines Mode (+55) - XDRCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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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 UP since Feb 12th, 2025 at 1.1910615
The short-term trend has been DOWN since Feb 16th, 2025 at 1.1817782
Smart Scan Analysis for XDRCHF
Based on our trend formula, XDRCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1775566 | 1.1775566 | 1.1775566 | 1.1775566 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1775566 | 2025-02-22 01:41:06 |