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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

US Dollar/ (FOREX:USDCDF)

Strong Uptrend (+100) - USDCDF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDCDF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid USDCDF?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDCDF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDCDF
Open High Low USDCDF Price Change
2052 2052 2052 2052 0
Entry Signal

MarketClub’s Trade Triangles for USDCDF

long term up The long-term trend has been UP since Sep 1st, 2022 at 2020.5

intermediate term up The intermediate-term trend has been UP since Mar 10th, 2023 at 2050.0

short term up The short-term trend has been UP since Mar 10th, 2023 at 2047.0

Smart Scan Analysis for USDCDF

Based on our trend formula, USDCDF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for USDCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2052 2052 2052 2052 0
Prev. Close Volume Bid Ask Time
2052 2023-03-16 12:47:14
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