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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
/US Dollar (FOREX:CDFUSD)
Sidelines Mode (-55) - CDFUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jul 15th, 2024 at 0.00035405
The short-term trend has been DOWN since Jul 26th, 2024 at 0.00035363
Smart Scan Analysis for CDFUSD
Based on our trend formula, CDFUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00035280 | 0.00035291 | 0.00035280 | 0.00035291 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00035280 | 2024-07-26 14:00:16 |