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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

/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
0.00054761 0.00054761 0.00054570 0.00054570 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for CDFUSD

long term down The long-term trend has been DOWN since Dec 8th, 2019 at 0.00059900

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 0.00055463

short term down The short-term trend has been DOWN since May 20th, 2020 at 0.00055463

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
0.00054761 0.00054761 0.00054570 0.00054570 -0.00000200
Prev. Close Volume Bid Ask Time
0.00054735 0.00053890 0.00055250 2020-05-21 21:08:21
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