Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Special drawing rights/US Dollar (FOREX:XDRUSD)
Weak Downtrend (-65) - XDRUSD is showing signs of a strengthening downtrend. Monitor XDRUSD as it may be building momentum to the downside.
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 Dec 22nd, 2023 at 1.3322152
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1.3259257
The short-term trend has been DOWN since Mar 28th, 2024 at 1.3316011
Smart Scan Analysis for XDRUSD
Based on our trend formula, XDRUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.3240362 | 1.3240362 | 1.3240362 | 1.3240362 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
1.3240362 | 2024-03-28 02:42:10 |