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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
/US Dollar (FOREX:CDFUSD)
Sidelines Mode (+50) - CDFUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CDFUSD can gain momentum.
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.
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MarketClub’s Trade Triangles for CDFUSD
The long-term trend has been DOWN since Aug 23rd, 2022 at 0.00049574
The intermediate-term trend has been UP since Nov 18th, 2024 at 0.00035186
The short-term trend has been UP since Nov 18th, 2024 at 0.00034977
Smart Scan Analysis for CDFUSD
Based on our trend formula, CDFUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00035219 | 0.00035219 | 0.00035219 | 0.00035219 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00035219 | 2024-11-18 13:11:45 |