Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/ (FOREX:USDCDF)
Strong Downtrend (-100) - USDCDF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDCDF continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDCDF
The long-term trend has been DOWN since Jan 15th, 2025 at 2844.0
The intermediate-term trend has been DOWN since Jan 9th, 2025 at 2868.5
The short-term trend has been DOWN since Jan 9th, 2025 at 2868.5
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2835.5 | 2835.5 | 2835.5 | 2835.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2835.5 | 2025-01-17 13:54:16 |