Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/ (FOREX:USDCDF)

Weak Uptrend (+65) - USDCDF is showing signs of weakening momentum to the upside. Monitor USDCDF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

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
1685.0 1685.5 1685.0 1685.5 +0.5
Entry Signal

MarketClub’s Trade Triangles for USDCDF

long term up The long-term trend has been UP since Dec 21st, 2018 at 1625.5

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2019 at 1666.0

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 1685.5

Smart Scan Analysis for USDCDF

Based on our trend formula, USDCDF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1685.0 1685.5 1685.0 1685.5 +0.5
Prev. Close Volume Bid Ask Time
1685.0 1666.0 1705.0 2020-02-17 09:36:18
Get a free daily analysis and signals for US Dollar/ (USDCDF) - Request Your Free Report.