Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Special drawing rights/Swiss Franc (FOREX:XDRCHF)

Bull Market Weakness (+75) - XDRCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRCHF as it may be in the beginning stages of a reversal.

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
1.1994248 1.1994248 1.1994248 1.1994248 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRCHF

long term up The long-term trend has been UP since Mar 20th, 2024 at 1.1758168

intermediate term up The intermediate-term trend has been UP since Jan 16th, 2024 at 1.1454711

short term up The short-term trend has been UP since Feb 5th, 2024 at 1.1577436

Smart Scan Analysis for XDRCHF

Based on our trend formula, XDRCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1994248 1.1994248 1.1994248 1.1994248 0.0000000
Prev. Close Volume Bid Ask Time
1.1994248 2024-03-28 02:42:10
Get a free daily analysis and signals for Special drawing rights/Swiss Franc (XDRCHF) - Request Your Free Report.