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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

/US Dollar (FOREX:CDFUSD)

Bear Market Rally (-75) - CDFUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CDFUSD as it may be in the beginning of a reversal.

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
0.00050925 0.00050925 0.00050925 0.00050925 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 Nov 23rd, 2020 at 0.00050749

short term up The short-term trend has been UP since Nov 26th, 2020 at 0.00050891

Smart Scan Analysis for CDFUSD

Based on our trend formula, CDFUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CDFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00050925 0.00050925 0.00050925 0.00050925 0.00000000
Prev. Close Volume Bid Ask Time
0.00050925 2020-11-26 21:00:35
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