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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Special drawing rights/Swiss Franc (FOREX:XDRCHF)

Sidelines Mode (+50) - XDRCHF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until XDRCHF can gain momentum.

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
1.3026217 1.3026217 1.3026217 1.3026217 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRCHF

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 1.2941037

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2022 at 1.2893308

short term up The short-term trend has been UP since Jan 7th, 2022 at 1.2811357

Smart Scan Analysis for XDRCHF

Based on our trend formula, XDRCHF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for XDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3026217 1.3026217 1.3026217 1.3026217 0.0000000
Prev. Close Volume Bid Ask Time
1.3026217 2022-01-27 07:08:23
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