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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
CFP Franc/US Dollar (FOREX:XPFUSD)
Crossroads (-60) - XPFUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XPFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XPFUSD.
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 XPFUSD
The long-term trend has been DOWN since Feb 23rd, 2024 at 0.00874507
The intermediate-term trend has been UP since May 6th, 2024 at 0.00898095
The short-term trend has been UP since Apr 24th, 2024 at 0.00889298
Smart Scan Analysis for XPFUSD
Based on our trend formula, XPFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00899095 | 0.00899095 | 0.00897278 | 0.00897278 | -0.00001800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00899095 | 2024-05-08 12:27:49 |