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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Special drawing rights/US Dollar (FOREX:XDRUSD)
Sidelines Mode (+55) - XDRUSD 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 XDRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRUSD.
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 XDRUSD
The long-term trend has been UP since Mar 12th, 2025 at 1.3200377
The intermediate-term trend has been UP since Apr 6th, 2025 at 1.3406656
The short-term trend has been DOWN since May 1st, 2025 at 1.3930865
Smart Scan Analysis for XDRUSD
Based on our trend formula, XDRUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.385695 | 1.385695 | 1.385695 | 1.385695 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.385695 | 2025-05-04 11:00:59 |