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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

/US Dollar (FOREX:CDFUSD)

Strong Downtrend (-100) - CDFUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CDFUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CDFUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CDFUSD
Open High Low CDFUSD Price Change
0.00050523 0.00050523 0.00050523 0.00050523 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CDFUSD

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 0.00050749

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.00050458

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.00050485

Smart Scan Analysis for CDFUSD

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

-100
Smart Scan Analysis for CDFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00050523 0.00050523 0.00050523 0.00050523 0.00000000
Prev. Close Volume Bid Ask Time
0.00050523 2021-03-03 07:30:01
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