Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Euro/CFP Franc (FOREX:EURXPF)
Strong Downtrend (-100) - EURXPF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURXPF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURXPF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURXPF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURXPF
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for EURXPF
Based on our trend formula, EURXPF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).