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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.

FOREX_XDRUSD
Open High Low XDRUSD Price Change
1.3240362 1.3240362 1.3240362 1.3240362 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRUSD

long term up The long-term trend has been UP since Dec 22nd, 2023 at 1.3322152

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1.3259257

short term down 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).

-70
Smart Scan Analysis for XDRUSD
Strong Downtrend Sideways 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
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