Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
/US Dollar (FOREX:CDFUSD)
Crossroads (-60) - CDFUSD 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 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.
MarketClub’s Trade Triangles for CDFUSD
The long-term trend has been DOWN since Sep 19th, 2021 at 0.00050189
The intermediate-term trend has been UP since Oct 18th, 2021 at 0.00050367
The short-term trend has been UP since Sep 23rd, 2021 at 0.00050354
Smart Scan Analysis for CDFUSD
Based on our trend formula, CDFUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).