Forex Price Trend Prediction

Event Details:

Become a Christmas Price Winner by predicting the fluctuations of Forex and commodities!

Dear community friends, as Christmas approaches, we have prepared an exciting prediction activity for everyone — Forex Price Trend Prediction! From December 16 to December 30, showcase your market insights and predict the trends of Forex and commodities for the upcoming period! This activity not only enhances your market analysis skills but also offers the chance to win generous rewards!

Event Duration:

December 16, 2024 – December 30, 2024. All prediction times, result announcements, and award distributions will be based on China Standard Time (CST).

Phase 1 Prediction Period: December 16 – December 20; Result Announcement and Prize Distribution: December 23

Phase 2 Prediction Period: December 23 – December 27; Result Announcement and Prize Distribution: December 30

Every Monday, participation statistics will be compiled from the previous week (excluding weekends) to announce the prediction results and winner lists.

Event Rules:

Participation Rules:

Post in the [Posts] section with the tag#CurrencyPairs: Choose a currency pair from the official list that interests you and include it in your post with the hashtag #CurrencyPairs. Predict the price trend and include your prediction of “up” or “down,” with a minimum of 20 characters. If multiple prediction posts are made on the same day, the latest successful prediction post will be considered valid.

(If your post includes your insights, it can engage more Forex enthusiasts for discussion!)

#Currency Pairs: EUR/USD

As shown in the photo:

Example Post:

#CurrencyPairs (the must include “Currency Pairs”)

Hello everyone! I am a newcomer to Forex trading this year and appreciate your guidance. In this activity, I hope to win but also look forward to seeing more traders share their insights. I predict that the EUR/USD will decline today, based on the following reasons:

• The US unemployment rate is steadily decreasing in Q4, indicating an improving economy. Trump's election style tends to be conservative and focused on domestic protectionism, suggesting the dollar will remain strong.
• Due to the ongoing war in Ukraine, anti-war sentiments are rising, and the political situation in Europe is becoming increasingly unstable. The Eurozone is experiencing negative economic growth, leading to a significant outflow of funds from the Eurozone to the US and UK, which keeps the Euro weak.

For these two reasons, I believe the Euro against the Dollar is in a downward trend. The recent short-term increases are insufficient to change the overall situation.

Result Announcement Rules:

Results will be announced on December 23, and December 30 (Beijing Time), along with rewards.

Reward Redemption:

Users who predict correctly will receive weekly rewards directly credited to their ForexPay wallet. Users should actively upload their posting records and ForexPay wallet addresses in the online form published by the official account. The earned amounts and weekly prediction results can be referenced in the records published by the official activity account [WikiFX Activity].

The final results for user predictions will be based on the content published on the day between 00:00 and 24:00 Beijing Time.

Prediction Correctness: Rewards will be distributed based on the number of correct predictions, ranked from highest to lowest.

Reward Mechanism:

To thank all users who participate in each phase of the event, winning users will share a total cash pool of 1,000u. The specific rewards are as follows:

1. First Prize: Predict correctly 4 times to receive 8u
2. Second Prize: Predict correctly 3 times to receive 5u
3. Third Prize: Predict correctly 2 times to receive 3u
4. Participation Prize: Users who participate in 5 or more predictions during the event will receive 3u. Each user can only receive this participation prize once throughout the total event duration.

• Double Rewards During Christmas: From December 20 to December 27, users who post predictions and correctly predict more than 4 times will receive 20u.

Important Notes:

1. Prediction Submission Time: Users must ensure their prediction content is posted before 24:00 Beijing Time. Late submissions will be considered invalid and not counted.
2. Winner List: The winner list will be announced after the event concludes on the official activity account @WikiFX Activity. Please ensure you follow the official account to check the winning information promptly and avoid missing prize notifications.
3. Claiming Process: Users who win each week must contact the official account and submit relevant information through designated channels within T+1 week to claim their prizes. Failure to submit in time will be considered an automatic forfeiture of the prize.
4. Platform Regulations and Conduct Requirements: Users participating in the activity must adhere to all platform regulations and rules. Any malicious cheating, false information submissions, or violations (such as fake predictions or account manipulation) will result in disqualification from the event, and relevant accounts may face platform penalties.
5. Activity Interpretation Rights: The final interpretation rights of this event belong to the WIKIFX platform. The platform reserves the right to adjust event rules, reward settings, participation requirements, etc., according to actual conditions and to ultimately determine the event results.

Contact Information:

1. Online prize information form under the official account in the app
2. WikiFX's official accounts on various social media
3. WikiFX group admins/owners in various channels